Warren J. Adelman - Jun 30, 2023 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Director
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Jun 30, 2023
Transactions value $
$19,487
Form type
4
Date filed
6/30/2023, 05:28 PM
Previous filing
Jun 8, 2023
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Award $19.5K +485 +1.32% $40.18 37.4K Jun 30, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs were issued to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees. The number of shares of RSUs is equal to $19,500 divided by $40.18, the average of the closing price of the Issuer's common stock on the NYSE for the 10 trading days prior to and ending on the date of grant. The shares underlying these RSUs are fully vested as of the date of grant.