Filing Details

Accession Number:
0001562180-22-002309
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-03 17:38:58
Reporting Period:
2022-03-01
Accepted Time:
2022-03-03 17:38:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1582961 Digitalocean Holdings Inc. DOCN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1241920 Alan Shapiro C/O Digitalocean Holdings, Inc.
101 6Th Avenue
New York NY 10013
General Counsel No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-03-01 11,450 $59.32 209,909 No 4 F Direct
Common Stock Acquisiton 2022-03-01 15,207 $0.00 225,116 No 4 A Direct
Common Stock Acquisiton 2022-03-02 85,549 $2.81 310,665 No 4 M Direct
Common Stock Acquisiton 2022-03-02 6,250 $3.43 316,915 No 4 M Direct
Common Stock Acquisiton 2022-03-02 5,208 $5.23 322,123 No 4 M Direct
Common Stock Disposition 2022-03-02 23,543 $60.89 298,580 No 4 S Direct
Common Stock Disposition 2022-03-02 16,913 $60.68 281,667 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 A Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to buy) Disposition 2022-03-02 85,549 $0.00 85,549 $2.81
Common Stock Stock Option (Right to buy) Disposition 2022-03-02 6,250 $0.00 6,250 $3.43
Common Stock Stock Option (Right to buy) Disposition 2022-03-02 5,208 $0.00 5,208 $5.23
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2027-07-13 No 4 M Direct
60,992 2028-02-28 No 4 M Direct
119,792 2029-06-06 No 4 M Direct
Footnotes
  1. 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.
  2. The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying these RSUs vest in 16 equal quarterly installments, commencing on June 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $60.03-$61.89, 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 (3) to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $60.03-$61.10, 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 (4) to this Form 4.
  5. 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.
  6. One fourth of the shares underlying this option vested and became exercisable on March 1, 2019, and the remaining shares underlying this option vested in 36 equal monthly installments beginning on April 1, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.
  7. The shares underlying this option vest in 48 equal monthly installments beginning on July 6, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.