Form 4 for DOCN DigitalOcean Holdings, Inc.
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001562180-22-002310 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-03 | 2022-03-01 | DOCN | SORENSON WILLIAM G | CFO | A - Grant | $0.00 | +25.3K | 151.7K | +20% | $0 |
| D | 2022-03-03 | 2022-03-02 | DOCN | SORENSON WILLIAM G | CFO | M - OptEx | $5.61 | +30.0K | 181.7K | +20% | +$168.3K |
| D | 2022-03-03 | 2022-03-02 | DOCN | SORENSON WILLIAM G | CFO | S - Sale+OE | $60.92 | -30.0K | 151.7K | -17% | -$1.83M |
| D | 2022-03-03 | 2022-03-01 | DOCN | SORENSON WILLIAM G | CFO | F - Tax | $59.32 | -13.1K | 126.5K | -9% | -$779.0K |
| D | 2022-03-03 | 2022-03-02 | DOCN | SORENSON WILLIAM G | CFO | M - OptEx | $0.00 | -30.0K | 1.07M | -3% | $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 | 2022-03-01 | A | A | 25,279 | $0.00 | 151,740 | D | — | — | (F2) 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, 2022, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date. |
| 2 | Common | Common Stock | 2022-03-02 | M | A | 30,000 | $5.61 | 181,740 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-02 | S | D | 30,000 | $60.92 | 151,740 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $60.12-$61.88, 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 (3) to this Form 4. |
| 4 | Common | Common Stock | 2022-03-01 | F | D | 13,132 | $59.32 | 126,461 | D | — | — | |
| 5 | Derivative | Stock Option (Right to buy) | 2022-03-02 | M | D | 30,000 | $0.00 | 1,070,000 | D | $5.61 · — to 2029-08-13 | 30,000 Common Stock | (F4) The shares underlying this option vest in 48 equal monthly installments beginning on September 13, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date. |