AI assistant
DigitalOcean Holdings, Inc. — Director's Dealing 2021
Mar 24, 2021
31319_dirs_2021-03-23_cfcf2a67-0545-4d00-9762-a8b4d6f7ec6d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: DigitalOcean Holdings, Inc. (DOCN)
CIK: 0001582961
Period of Report: 2021-03-23
Reporting Person: SHAPIRO ALAN (General Counsel)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 64451 | Direct |
| Common Stock | 125000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.81 | 2027-07-13 | Common Stock (110549) | Direct | |
| Stock Option (Right to Buy) | $3.43 | 2028-02-28 | Common Stock (110000) | Direct | |
| Stock Option (Right to Buy) | $4.17 | 2028-07-31 | Common Stock (15000) | Direct | |
| Stock Option (Right to Buy) | $5.23 | 2029-06-06 | Common Stock (125000) | 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: One fourth of the shares underlying this option vested and became exercisable on May 31, 2018, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on June 30, 2018, subject to the Reporting Person's continuous service with the Issuer on each such date.
F4: One fourth of the shares underlying this option vested and became exercisable on March 1, 2019, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on April 1, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.
F5: Immediately exercisable.
F6: The shares underlying this option vest in 48 equal monthly installments beginning on July 6, 2019, subject to the Reporting Person's continuous service with the Issuer on each such date.