DigitalOcean Holdings, Inc. — Director's Dealing 2021

Mar 24, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DigitalOcean Holdings, Inc. (DOCN)
CIK: 0001582961
Period of Report: 2021-03-23

Reporting Person: SORENSON WILLIAM G (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$5.61	2029-08-13	Common Stock (1100000)		Direct

Footnotes

F1: 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.

F2: An aggregate of 15% of the shares underlying these RSUs shall vest on March 1, 2022, an additional 25% of the shares underlying these RSUs shall vest in 4 equal quarterly installments, beginning on June 1, 2022, and the remaining shares underlying these RSUs shall vest in 8 equal quarterly installments beginning on June 1, 2023, subject to the Reporting Person's continuous service with the Issuer on each such date.

F3: 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.