Filing Details

Accession Number:
0001562180-22-002310
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-03 17:38:52
Reporting Period:
2022-03-01
Accepted Time:
2022-03-03 17:38:52
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
1094065 G William Sorenson C/O Digitalocean Holdings, Inc.
101 6Th Avenue
New York NY 10013
Chief Financial Officer 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 13,132 $59.32 126,461 No 4 F Direct
Common Stock Acquisiton 2022-03-01 25,279 $0.00 151,740 No 4 A Direct
Common Stock Acquisiton 2022-03-02 30,000 $5.61 181,740 No 4 M Direct
Common Stock Disposition 2022-03-02 30,000 $60.92 151,740 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 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 30,000 $0.00 30,000 $5.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,070,000 2029-08-13 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 $60.12-$61.88, 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 shares underlying this option vest in 48 equal monthly installments beginning on September 13, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.