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DigitalOcean Holdings, Inc. — Director's Dealing 2021
Mar 24, 2021
31319_dirs_2021-03-23_b1b22bbd-4c58-4adc-ae9d-7e671712436b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DigitalOcean Holdings, Inc. (DOCN)
CIK: 0001582961
Period of Report: 2021-03-23
Reporting Person: IA Venture Strategies Fund II, LP (10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series Seed Preferred Stock | $ | Common Stock (11287816) | Indirect | ||
| Series Seed Preferred Stock | $ | Common Stock (246208) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (3205032) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (69908) | Indirect |
Footnotes
F1: Each share of the Issuer's Series Seed Preferred Stock and Series A-1 Preferred Stock will automatically convert into one share of common stock of the Issuer
immediately upon the closing of the Issuer's initial public offering ("IPO") and has no expiration date.
F2: The shares are held by IA Venture Strategies Fund II, LP ("IAVS Fund II"). IA Venture Partners II, LLC is the general partner (the "General Partner") of IAVS Fund II. The General Partner has voting and investment control over the shares held by IAVS Fund II. Roger Ehrenberg, Bradford Gillespie and Jesse Beyroutey are the members of IA Venture Partners II, LLC and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by this entity. Mr. Ehrenberg, Mr. Gillespie and Mr. Beyroutey disclaim beneficial ownership with respect to such shares except to the extent of their pecuniary interest therein.
F3: The shares are held by IA Venture Strategies II Side Fund, LP ("IAVS Side Fund II"). IA Venture Partners II, LLC is the general partner of IAVS Side Fund II. The General Partner has voting and investment control over the shares held by IAVS Side Fund II. Roger Ehrenberg, Bradford Gillespie and Jesse Beyroutey are the members of IA Venture Partners II, LLC and may be deemed to have shared voting, investment and dispositive power with respect to the shares held by this entity. Mr. Ehrenberg, Mr. Gillespie and Mr. Beyroutey disclaim beneficial ownership with respect to such shares except to the extent of their pecuniary interest therein.