Filing Details
- Accession Number:
- 0001562180-23-002417
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-03 17:03:29
- Reporting Period:
- 2023-03-01
- Accepted Time:
- 2023-03-03 17:03:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1582961 | Digitalocean Holdings Inc. | DOCN | Services-Computer Programming, Data Processing, Etc. (7370) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1845624 | Matthew Harold Norman | C/O Digitalocean Holdings, Inc. 101 6Th Avenue New York NY 10013 | Chief People 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 | Acquisiton | 2023-03-01 | 25,051 | $0.00 | 180,105 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2023-03-01 | 1,373 | $31.98 | 178,732 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-03-02 | 3,580 | $31.83 | 175,152 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Footnotes
- 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, 2023, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
- 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 RSUs and performance-based restricted stock units.
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $31.00-$32.27, 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.
Billionaire Hedge Funds
