Amy Butte - 10 Aug 2022 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role
Director
Signature
/s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol
DOCN
Transactions as of
10 Aug 2022
Transactions value $
-$232,850
Form type
4
Filing time
11 Aug 2022, 16:12:32 UTC
Previous filing
10 Jun 2022
Next filing
21 Feb 2023
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 $17,150 +5,000 +14% $3.43* 39,760 10 Aug 2022 See Footnote F1
transaction DOCN Common Stock Sale -$250,000 -5,000 -13% $50 34,760 10 Aug 2022 See Footnote 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 DOCN Stock Option (Right to buy) Options Exercise $0 -5,000 -12% $0 36,000 10 Aug 2022 Common Stock 5,000 $3.43 See Footnote F1, F3
* 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 sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 The shares underlying this option vested 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.