Amy Butte - 09 Aug 2021 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Director
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
09 Aug 2021
Transactions value $
$-1,540,680
Form type
4
Filing time
11 Aug 2021, 16:53:46 UTC
Previous filing
11 Jun 2021
Next filing
05 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $41,160 +12,000 +41.4% $3.43* 41,000 09 Aug 2021 See Footnote F1
transaction DOCN Common Stock Sale $-632,160 -12,000 -29.3% $52.68 29,000 09 Aug 2021 See Footnote F1, F2
transaction DOCN Common Stock Sale $-949,680 -18,000 -62.1% $52.76 11,000 09 Aug 2021 See Footnote F1, F3

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 DOCN Stock Option (Right to buy) Options Exercise $0 -12,000 -16.9% $0.000000 59,000 09 Aug 2021 Common Stock 12,000 $3.43 See Footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Securities are held by Plato Partners LLC, of which the Reporting Person owns substantially all of the ownership interests. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $52.51-$52.99, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $52.55-$52.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
F4 The shares underlying this option vest in 48 equal monthly installments beginning on May 16, 2018, subject to the Reporting Person's continuous service with the Issuer on each such date.