Alexis Le-Quoc - 03 Sep 2024 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief Technology Officer, Director
Signature
/s/ Kerry Acocella, Attorney-in-Fact
Issuer symbol
DDOG
Transactions as of
03 Sep 2024
Net transactions value
-$15,442,874
Form type
4
Filing time
05 Sep 2024, 16:05:54 UTC
Previous filing
14 Aug 2024
Next filing
16 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Class A Common Stock Conversion of derivative security $26,265 +85,637 +25% $0.3067 433,321 03 Sep 2024 Direct F1
transaction DDOG Class A Common Stock Conversion of derivative security $27,985 +30,780 +7.1% $0.9092 464,101 03 Sep 2024 Direct F1
transaction DDOG Class A Common Stock Conversion of derivative security $114,789 +10,688 +2.3% $10.74 474,789 03 Sep 2024 Direct F1
transaction DDOG Class A Common Stock Sale $6,992,033 -62,662 -13% $111.58 412,127 03 Sep 2024 Direct F2, F3
transaction DDOG Class A Common Stock Sale $3,298,299 -29,249 -7.1% $112.77 382,878 03 Sep 2024 Direct F2, F4
transaction DDOG Class A Common Stock Sale $2,072,225 -18,238 -4.8% $113.62 364,640 03 Sep 2024 Direct F2, F5
transaction DDOG Class A Common Stock Sale $1,859,073 -16,237 -4.5% $114.50 348,403 03 Sep 2024 Direct F2, F6
transaction DDOG Class A Common Stock Sale $82,916 -719 -0.21% $115.32 347,684 03 Sep 2024 Direct F2, F7
transaction DDOG Class A Common Stock Sale $1,292,607 -11,387 -3.3% $113.52 336,297 03 Sep 2024 Direct F8
transaction DDOG Class A Common Stock Sale $14,761 -132 -0.04% $111.83 336,165 03 Sep 2024 Direct F8, F9
holding DDOG Class A Common Stock 35 03 Sep 2024 By Trust F10

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -150,240 -10% $0.000000 1,352,160 03 Sep 2024 Class B Common Stock 150,240 $0.3067 Direct F11
transaction DDOG Class B Common Stock Options Exercise $0 +150,240 +9.4% $0.000000 1,755,122 03 Sep 2024 Class A Common Stock 150,240 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -85,637 -4.9% $0.000000 1,669,485 03 Sep 2024 Class A Common Stock 85,637 Direct F1
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -54,000 -7.1% $0.000000 702,000 03 Sep 2024 Class B Common Stock 54,000 $0.9092 Direct F11
transaction DDOG Class B Common Stock Options Exercise $0 +54,000 +3.2% $0.000000 1,723,485 03 Sep 2024 Class A Common Stock 54,000 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -30,780 -1.8% $0.000000 1,692,705 03 Sep 2024 Class A Common Stock 30,780 Direct F1
transaction DDOG Stock Option (Right to Buy) Options Exercise $0 -18,750 -2.6% $0.000000 693,750 03 Sep 2024 Class B Common Stock 18,750 $10.74 Direct F11
transaction DDOG Class B Common Stock Options Exercise $0 +18,750 +1.1% $0.000000 1,711,455 03 Sep 2024 Class A Common Stock 18,750 Direct F1
transaction DDOG Class B Common Stock Conversion of derivative security $0 -10,688 -0.62% $0.000000 1,700,767 03 Sep 2024 Class A Common Stock 10,688 Direct F1
holding DDOG Class B Common Stock 7,029,835 03 Sep 2024 Class A Common Stock 7,029,835 By Trust F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
F2 Shares sold pursuant to a 10b5-1 plan dated September 5, 2023.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $111.11 to $112.08. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $112.11 to $113.10. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $113.11 to $114.10. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $114.13 to $115.08. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F7 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $115.15 to $115.40. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F8 The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units and performance-based restricted stock units, as well as any related brokerage commission fees.
F9 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $111.754 to $111.93. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F10 Shares are held by the Alexis Le-Quoc Revocable Trust.
F11 Option is fully vested and exercisable.