ALAN SHAPIRO - 01 Jun 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
General Counsel
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
01 Jun 2023
Net transactions value
-$187,920
Form type
4
Filing time
02 Jun 2023, 16:17:08 UTC
Previous filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Tax liability $187,920 -4,800 -1.9% $39.15 250,687 01 Jun 2023 Direct F1, 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 amount reported includes shares acquired under the Issuer's Employee Stock Purchase Plan in a transaction that was exempt from reporting pursuant to Rule 16a-3(f)(1)(i)(B).