Form 4 for DDOG Datadog
Accepted 2023-05-10 00:00:00 ET · period of report 2023-05-08 · accession 0001209191-23-028530 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-05-10 | 2023-05-08 | DDOG | Agarwal Amit | Pres | S - Sale | $77.73 | -151.9K | 307.6K | -33% | -$11.81M |
| D | 2023-05-10 | 2023-05-08 | DDOG | Agarwal Amit | Pres | C - Cnv Deriv | $10.74 | +151.9K | 432.0K | +54% | +$1.63M |
| D | 2023-05-10 | 2023-05-08 | DDOG | Agarwal Amit | Pres | C - Cnv Deriv | $0.00 | -151.9K | 93.1K | -62% | $0 |
| DM | 2023-05-10 | 2023-05-08 | DDOG | Agarwal Amit | Pres | M - OptEx | $0.00 | 0 | 245.0K | New | $0 |
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 A Common Stock | 2023-05-08 | S | D | 27,070 | $77.04 | 404,974 | D | — | — | (F2) Price reported is a weighted-average sales price. The shares were sold at prices ranging from $76.34 to $77.33. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 2 | Common | Common A Common Stock | 2023-05-08 | S | D | 27,436 | $78.58 | 280,144 | D | — | — | (F4) Price reported is a weighted-average sales price. The shares were sold at prices ranging from $78.34 to $78.855. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 3 | Common | Common A Common Stock | 2023-05-08 | C | A | 151,900 | $10.74 | 432,044 | D | — | — | |
| 4 | Common | Common A Common Stock | 2023-05-08 | S | D | 97,394 | $77.69 | 307,580 | D | — | — | (F3) Price reported is a weighted-average sales price. The shares were sold at prices ranging from $77.34 to $78.33. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 5 | Derivative | Class B Common Stock | 2023-05-08 | C | D | 151,900 | $0.00 | 93,107 | D | — · — to — | 151,900 Class A Common Stock | (F1) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock. |
| 6 | Derivative | Stock Option (Right to Buy) | 2023-05-08 | M | D | 245,000 | $0.00 | 655,000 | D | $10.74 · — to 2029-07-19 | 245,000 Class B Common Stock | (F7) 15% of Reporting Person's options vested on September 19, 2020 (the "Initial Vesting Date"). Thereafter, the remaining 85% of Reporting Person's options vest monthly in equal installments on the same day in each month as the Initial Vesting Date for 35 months, subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2012 Equity Incentive Plan) of the Issuer as of each such date. |
| 7 | Derivative | Class B Common Stock | 2023-05-08 | M | A | 245,000 | $0.00 | 245,007 | D | — · — to — | 245,000 Class A Common Stock | (F1) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock. |