Harold Matthew Norman - 28 Dec 2021 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
28 Dec 2021
Net transactions value
+$88,660
Form type
4
Filing time
29 Dec 2021, 15:24:42 UTC
Previous filing
03 Dec 2021
Next filing
24 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOCN Common Stock Options Exercise $88,660 +13,000 +9.2% $6.82 153,688 28 Dec 2021 Direct

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 -13,000 -8.2% $0.000000 145,412 28 Dec 2021 Common Stock 13,000 $6.82 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.