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DigitalOcean Holdings, Inc. — Director's Dealing 2021
Mar 24, 2021
31319_dirs_2021-03-23_f472cb1a-fb99-4f1d-9cc8-248166e28afb.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: Guy Jeffrey Scott (Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $6.72 | 2030-03-12 | Common Stock (500000) | 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 February 18, 2021, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on March 18, 2021, subject to the Reporting Person's continuous service with the Issuer on each such date.