Form 4 for DOCN DigitalOcean Holdings, Inc.
Accepted 2022-02-24 00:00:00 ET · period of report 2022-02-24 · accession 0001562180-22-001894 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-02-24 | 2022-02-24 | DOCN | Brantz Carly D | CMO | A - Grant | $0.00 | +49.7K | 98.9K | +101% | $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 Stock | 2022-02-24 | A | A | 49,683 | $0.00 | 98,864 | D | — | — | (F1) The security represents the satisfaction of the performance-based vesting condition with respect to previously issued performance-based restricted stock units ("PSUs") based on the Issuer's 2021 financial performance. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Under the terms of the PSUs, the degree of achievement of the performance-based vesting criteria was established upon the public announcement of the Issuer's 2021 financial results on February 24, 2022, and the number of shares reported reflects the extent of such achievement. The PSU remains subject to time-based vesting as follows: one third of the shares underlying the PSU shall vest on March 1, 2022 and the remaining shares underlying the PSU shall vest in eight equal quarterly installments beginning on June 1, 2022, subject to the Reporting Person's continuous service through each such vesting date. |