Key facts
- This page summarizes Muhammad Aaqib Gadit's Form 4 filing for DigitalOcean Holdings, Inc. (DOCN).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 23 Feb 2024, 16:17.
Muhammad Aaqib Gadit - 21 Feb 2024 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)
- Reporting relationship
- Chief Revenue Officer
- Issuer ticker
- DOCN
- Reported as of
- 21 Feb 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Feb 2024, 16:17:27 UTC
- Prior SEC filing
- 02 Jun 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Seth Zelnick, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Muhammad Aaqib Gadit filed Form 4 for DigitalOcean Holdings, Inc. (DOCN) on 23 Feb 2024.
Change
- Previous filing in this sequence was filed on 02 Jun 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DOCN
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +36,991
- Change %
- +18%
- Price
- $0.000000
- Shares after
- 238,827
- Date
- 21 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 1 footnote
Footnote F1
The security represents the satisfaction of the performance-based vesting condition with respect to previously issued performance-based restricted stock units ("PSUs") based on the Issuer's 2023 financial performance. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Under the terms of the PSUs, the degree of achievement of the PSUs was established upon certification of the achievement of the performance-based vesting criteria by the compensation committee of the board of directors based on the Issuer's 2023 financial results, and the number of shares reported reflects the extent of such achievement. The PSU remains subject to time-based vesting as follows: one third of the shares underlying the PSU shall vest on March 1, 2024 and the remaining shares underlying the PSU shall vest in eight equal quarterly installments beginning on June 1, 2024, subject to the Reporting Person's continuous service through each such vesting date.