Harold Matthew Norman - 18 Oct 2021 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
18 Oct 2021
Net transactions value
-$393,807
Form type
4
Filing time
19 Oct 2021, 16:56:25 UTC
Previous filing
15 Oct 2021
Next filing
19 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $32,681 +4,792 +3.4% $6.82 145,189 18 Oct 2021 Direct
transaction DOCN Common Stock Sale $426,488 -4,792 -3.3% $89.00 140,397 18 Oct 2021 Direct F1

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 -4,792 -2.9% $0.000000 163,204 18 Oct 2021 Common Stock 4,792 $6.82 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 One fourth of the shares underlying this option vested and became exercisable on May 18, 2021, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on June 18, 2021, subject to the Reporting Person's continuous service with the Issuer on each such date.