Alan Shapiro - 27 Jan 2022 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
27 Jan 2022
Transactions value $
$70,250
Form type
4
Date filed
28 Jan 2022, 15:16
Previous filing
05 Jan 2022
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 $70.3K +25K +16.25% $2.81* 179K 27 Jan 2022 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 -25K -22.61% $0.00 85.5K 27 Jan 2022 Common Stock 25K $2.81 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 31, 2018, and the remaining shares underlying this option vested in 36 equal monthly installments beginning on June 30, 2018, subject to the Reporting Person's continuous service with the Issuer on each such date.