Form 4 for DOCN DigitalOcean Holdings, Inc.
Accepted 2023-11-16 00:00:00 ET · period of report 2023-11-14 · accession 0001582961-23-000074 · 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 | 2023-11-16 | 2023-11-14+ | DOCN | Spruill Yancey L. | CEO, Dir | S - Sale+OE | $27.09 | -746.7K | 3.08M | -20% | -$20.23M |
| DM | 2023-11-16 | 2023-11-14+ | DOCN | Spruill Yancey L. | CEO, Dir | M - OptEx | $5.61 | +1.76M | 3.35M | +111% | +$9.88M |
| DM | 2023-11-16 | 2023-11-14+ | DOCN | Spruill Yancey L. | CEO, Dir | M - OptEx | $0.00 | -1.76M | 3.16M | -36% | $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 | 2023-11-14 | S | D | 93,359 | $26.63 | 3,253,155 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $26.25-$27.10, 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. |
| 2 | Common | Common Stock | 2023-11-15 | S | D | 546,499 | $27.22 | 4,198,656 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $26.56-$27.59, 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. |
| 3 | Common | Common Stock | 2023-11-15 | M | A | 1,492,000 | $5.61 | 4,745,155 | D | — | — | |
| 4 | Common | Common Stock | 2023-11-14 | M | A | 270,000 | $5.61 | 3,346,514 | D | — | — | |
| 5 | Common | Common Stock | 2023-11-14 | S | D | 106,886 | $26.83 | 3,076,514 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $26.32-$27.17, 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 (1) to this Form 4. |
| 6 | Derivative | Stock Option (Right to Buy) | 2023-11-15 | M | D | 1,492,000 | $0.00 | 1,666,700 | D | $5.61 · — to 2029-08-13 | 1,492,000 Common Stock | (F5) One fourth of the shares underlying this option vested and became exercisable on August 13, 2020, and the remaining shares underlying this option vested in 36 equal monthly installments beginning on September 13, 2020, subject to the Reporting Person's continuous service with the Issuer on each such date. |
| 7 | Derivative | Stock Option (Right to Buy) | 2023-11-14 | M | D | 270,000 | $0.00 | 3,158,700 | D | $5.61 · — to 2029-08-13 | 270,000 Common Stock | (F5) One fourth of the shares underlying this option vested and became exercisable on August 13, 2020, and the remaining shares underlying this option vested in 36 equal monthly installments beginning on September 13, 2020, subject to the Reporting Person's continuous service with the Issuer on each such date. |