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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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
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
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

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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	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

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 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.
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.
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.
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.
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.
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.