Harold Matthew Norman - 01 Jun 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
01 Jun 2023
Net transactions value
-$231,676
Form type
4
Filing time
02 Jun 2023, 16:16:58 UTC
Previous filing
19 May 2023
Next filing
08 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Tax liability $104,178 -2,661 -1.8% $39.15 143,035 01 Jun 2023 Direct F1
transaction DOCN Common Stock Sale $127,498 -3,145 -2.2% $40.54 139,890 02 Jun 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units and performance-based restricted stock units.
F2 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person prior to February 27, 2023.