Bratin Saha - Jul 3, 2024 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Stock symbol
DOCN
Transactions as of
Jul 3, 2024
Transactions value $
$0
Form type
4
Date filed
7/5/2024, 04:15 PM
Previous filing
Jun 17, 2024
Next filing
Jul 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Award $0 +338K $0.00 338K Jul 3, 2024 Direct F1, F2
transaction DOCN Common Stock Award $0 +84.4K +25% $0.00 422K Jul 3, 2024 Direct F1, F3
* 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.
F2 One quarter of the shares underlying these RSUs shall vest on June 1, 2025 and the remaining shares underlying these RSUs shall vest in 12 equal quarterly installments beginning on September 1, 2025, subject to the Reporting Person's continuous service with the Issuer on each such date.
F3 The shares underlying these RSUs shall vest in 12 equal monthly installments beginning on July 17, 2024, subject to the Reporting Person's continuous service with the Issuer on each such date.