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Filing Details

Accession Number:: 0001582961-24-000083
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-06-10 16:17:08
Reporting Period:: 2024-06-06

Accepted Time:: 2024-06-10 16:17:08
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
1354540	Amy Butte	C/O Digitalocean Holdings, Inc. 101 6Th Avenue New York NY 10013		Yes	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	Explanation
Common Stock	Acquisiton	2024-06-06	5,417	$0.00	41,637	No	4	A	Indirect	See Footnote
Common Stock	Disposition	2024-06-07	5,220	$37.46	36,417	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Footnotes

The security represents restricted stock units ("RSUs") issued to the Reporting Person pursuant to the annual grant under the Issuer's non-employee director compensation policy (the "Policy"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. Pursuant to the Policy, the number of shares of RSUs is equal to $200,000 divided by $36.92, the average of the closing price of the Issuer's common stock on the NYSE for the 10 trading days prior to and ending on the date of grant. The shares underlying these RSUs will vest on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's 2025 annual stockholders' meeting, subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date.
Securities are held by Plato Partners LLC, of which the Reporting Person owns substantially all of the ownership interests. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
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 $37.26-37.78, 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.