Form 4 for DOCN DigitalOcean Holdings, Inc.
Accepted 2021-08-10 00:00:00 ET · period of report 2021-08-06 · accession 0001104659-21-103065 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2021-08-10 | 2021-08-06 | DOCN | HOROWITZ BENJAMIN A | 10% | J - Other | $0.00 | -3.40M | 246.4K | -93% | $0 |
| MI | 2021-08-10 | 2021-08-09 | DOCN | HOROWITZ BENJAMIN A | 10% | S - Sale | $53.02 | -206.9K | 207.6K | -50% | -$10.97M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-06 | J | D | 2,689,498 | $0.00 | 8,068,492 | I By Andreessen Horowitz Fund III, L.P. | — | — | (F3) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund III Entities (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of such person's pecuniary interest therein, if any. (F2) These securities are held by Andreessen Horowitz Fund III, L.P., for itself and as nominee for the other AH Fund III Entities. AH EP III, the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the securities held by the AH Fund III Entities. Marc Andreessen and Ben Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by the AH Fund III Entities. |
| 2 | Common | Common Stock | 2021-08-06 | J | D | 1,226,089 | $0.00 | 3,678,265 | I By AH Parallel Fund III, L.P. | — | — | (F7) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund III Entities (and this report shall not be deemed an admission that any such person is the beneficial owner of such securities), except to the extent of such person's pecuniary interest therein, if any. (F6) These securities are held by AH Parallel Fund III, L.P., for itself and as nominee for the other AH Parallel Fund III Entities. AH EP III Parallel is the general partner of the AH Parallel Fund III Entities and has sole voting and dispositive power with regard to the securities held by the AH Parallel Fund III Entities. The managing members of AH EP III Parallel are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by the AH Parallel Fund III Entities. |
| 3 | Common | Common Stock | 2021-08-09 | S | D | 3,066 | $53.70 | 0 | I By AH Capital Management, L.L.C. | — | — | (F18) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $53.31 to $53.99. (F13) These securities are held of record by AH Capital Management, L.L.C. The members of AH Capital Management, L.L.C. are Marc Andreessen and Ben Horowitz, who share voting and dispositive power with respect to the shares held by AH Capital Management, L.L.C. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AH Capital Management, L.L.C. and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 4 | Common | Common Stock | 2021-08-09 | S | D | 7,533 | $52.71 | 3,066 | I By AH Capital Management, L.L.C. | — | — | (F17) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $52.15 to $53.14. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (17) and (18) to this Form 4. (F13) These securities are held of record by AH Capital Management, L.L.C. The members of AH Capital Management, L.L.C. are Marc Andreessen and Ben Horowitz, who share voting and dispositive power with respect to the shares held by AH Capital Management, L.L.C. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AH Capital Management, L.L.C. and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 5 | Common | Common Stock | 2021-08-09 | S | D | 49,364 | $53.84 | 50,022 | I By 1997 Horowitz Family Trust | — | — | (F16) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $53.63 to $54.00. (F9) These securities are held of record by the 1997 Horowitz Family Trust of which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 6 | Common | Common Stock | 2021-08-09 | S | D | 108,226 | $52.84 | 99,386 | I By 1997 Horowitz Family Trust | — | — | (F15) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $52.62 to $53.61. (F9) These securities are held of record by the 1997 Horowitz Family Trust of which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 7 | Common | Common Stock | 2021-08-09 | S | D | 38,756 | $52.46 | 207,612 | I By 1997 Horowitz Family Trust | — | — | (F14) Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $51.62 to $52.615. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (14) through (16) to this Form 4. (F9) These securities are held of record by the 1997 Horowitz Family Trust of which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 8 | Common | Common Stock | 2021-08-06 | J | A | 10,599 | $0.00 | 10,599 | I By AH Capital Management, L.L.C. | — | — | (F13) These securities are held of record by AH Capital Management, L.L.C. The members of AH Capital Management, L.L.C. are Marc Andreessen and Ben Horowitz, who share voting and dispositive power with respect to the shares held by AH Capital Management, L.L.C. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AH Capital Management, L.L.C. and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 9 | Common | Common Stock | 2021-08-06 | J | A | 260,395 | $0.00 | 260,395 | I By LAMA Community Trust | — | — | (F11) These securities are held of record by the LAMA Community Trust of which Marc Andreessen and his spouse are trustees. Each of the Reporting Persons disclaims the existence of a "group" and, other than Marc Andreessen, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |
| 10 | Common | Common Stock | 2021-08-06 | J | A | 246,368 | $0.00 | 246,368 | I By 1997 Horowitz Family Trust | — | — | (F9) These securities are held of record by the 1997 Horowitz Family Trust of which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any. |