Harold Matthew Norman - 01 Dec 2022 Form 4 Insider Report for DigitalOcean Holdings, Inc. (DOCN)

Role: Chief People Officer
Signature: /s/ Seth Zelnick, Attorney-in-Fact
Issuer symbol: DOCN
Transactions as of: 01 Dec 2022
Net transactions value: -$570,598
Form type: 4
Filing time: 02 Dec 2022, 15:34:43 UTC
Previous filing: 06 Sep 2022
Next filing: 03 Mar 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	Tax liability	$58,198	-1,951	-1.1%	$29.83	172,554	01 Dec 2022	Direct	F1
transaction	DOCN	Common Stock	Sale	$512,400	-17,500	-10%	$29.28	155,054	01 Dec 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units and performance-based restricted stock units.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $28.89-$30.17, 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.

Content

The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units and performance-based restricted stock units.

The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $28.89-$30.17, 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.