TIMOTHY WELLER - 30 Jun 2021 Form 4 Insider Report for DATTO HOLDING CORP. (MSP)

Role
Chief Executive Officer, Director
Signature
/s/ Adam Collicelli, by Power of Attorney
Issuer symbol
MSP
Transactions as of
30 Jun 2021
Net transactions value
-$440,978
Form type
4
Filing time
02 Jul 2021, 18:18:58 UTC
Previous filing
30 Jun 2021
Next filing
29 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSP Common Stock Options Exercise $246,770 +24,677 $10.00 24,677 30 Jun 2021 Direct F1
transaction MSP Common Stock Sale $687,748 -24,677 -100% $27.87 0 30 Jun 2021 Direct F1, F2

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 MSP Options (Right to Buy) Options Exercise $0 -24,677 -1.9% $0.000000 1,275,500 30 Jun 2021 Common Stock 24,677 $10.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on December 16, 2020.
F2 This transaction was executed in multiple trades at prices ranging from $27.71 to $28.06 per share. The price reported reflects the weighted average sale price. Upon request by the Issuer, any security holder of the Issuer or the staff of the SEC, the Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 These options vested 25% on December 7, 2018 and then quarterly at a rate of 6.25% as long as the Reporting Person continues to be employed as of each respective vesting date.