Pueo Keffer - 30 Jun 2024 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Director
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
30 Jun 2024
Net transactions value
+$12,603
Form type
4
Filing time
02 Jul 2024, 16:15:59 UTC
Previous filing
18 Jun 2024
Next filing
02 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Award $12,603 +371 +2.1% $33.97 17,947 30 Jun 2024 Direct F1
transaction DOCN Common Stock Award $0 +11,785 +66% $0.000000 29,732 01 Jul 2024 Direct F2
* 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 granted 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 $12,625 divided by $33.97, 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.
F2 The security represents RSUs granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying these RSUs will vest on the first anniversary of the date of grant, subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date.