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LEVINE PETER 4

Accession 0001209191-21-023606

CIK 0001582961other

Filed

Mar 29, 8:00 PM ET

Accepted

Mar 30, 5:33 PM ET

Size

26.3 KB

Accession

0001209191-21-023606

Insider Transaction Report

Form 4
Period: 2021-03-26
LEVINE PETER
Director
Transactions
  • Conversion

    Common Stock

    2021-03-26+1,233,3764,889,568 total(indirect: By AH Parallel Fund III, L.P.)
  • Conversion

    Common Stock

    2021-03-26+14,7864,904,354 total(indirect: By AH Parallel Fund III, L.P.)
  • Conversion

    Series C Preferred Stock

    2021-03-2632,4340 total(indirect: By Andreessen Horowitz Fund III, L.P.)
    Common Stock (32,434 underlying)
  • Conversion

    Common Stock

    2021-03-26+10,725,55610,725,556 total(indirect: By Andreessen Horowitz Fund III, L.P.)
  • Conversion

    Common Stock

    2021-03-26+3,656,1923,656,192 total(indirect: By AH Parallel Fund III, L.P.)
  • Conversion

    Common Stock

    2021-03-26+32,43410,757,990 total(indirect: By Andreessen Horowitz Fund III, L.P.)
  • Conversion

    Series A-1 Preferred Stock

    2021-03-2610,725,5560 total(indirect: By Andreessen Horowitz Fund III, L.P.)
    Common Stock (10,725,556 underlying)
  • Conversion

    Series C Preferred Stock

    2021-03-2614,7860 total(indirect: By AH Parallel Fund III, L.P.)
    Common Stock (14,786 underlying)
  • Conversion

    Series A-1 Preferred Stock

    2021-03-263,656,1920 total(indirect: By AH Parallel Fund III, L.P.)
    Common Stock (3,656,192 underlying)
  • Conversion

    Series B Preferred Stock

    2021-03-261,233,3760 total(indirect: By AH Parallel Fund III, L.P.)
    Common Stock (1,233,376 underlying)
Footnotes (4)
  • [F1]Each share of the Issuer's Series A-1 Preferred Stock, Series B Preferred Stock and Series C Preferred Stock automatically converted into one share of common stock of the Issuer immediately upon the closing of the Issuer's initial public offering and has no expiration date.
  • [F2]The reported securities are held by Andreessen Horowitz Fund III, L.P., for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P. and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities"). AH Equity Partners III, L.L.C. ("AH EP III") is the general partner of the AH Fund III Entities and has sole voting and dispositive power with regard to the securities held by the AH III Fund Entities. The managing members of AH EP III are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by the AH Fund III Entities.
  • [F3]Mr. Levine is a member of the general partners of the AH Fund III Entities and the AH Parallel Fund III Entities (as defined herein, together, the "Andreessen Horowitz Entities"), but he disclaims the existence of a "group" and disclaims beneficial ownership of the shares held by the Andreessen Horowitz Entities and this report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any, in such shares by virtue of his interest in the Andreessen Horowitz Entities, and/or the general partner entities thereof, as applicable.
  • [F4]The reported securities are held by AH Parallel Fund III, L.P., for itself and as nominee for AH Parallel Fund III-A, L.P., AH Parallel Fund III-B, L.P., and AH Parallel Fund III-Q, L.P. (collectively, the "AH Parallel Fund III Entities"). AH Equity Partners III (Parallel), L.L.C. ("AH EP III Parallel") is the general partner of the AH Parallel Fund III Entities and has sole voting and dispositive power with regard to the securities held by the AH Parallel Fund III Entities. The managing members of AH EP III Parallel are Marc Andreessen and Ben Horowitz. Marc Andreessen and Ben Horowitz share voting and dispositive power with respect to the shares held by the AH Parallel Fund III Entities.

Issuer

DigitalOcean Holdings, Inc.

CIK 0001582961

Entity typeother

Related Parties

1
  • filerCIK 0001416237

Filing Metadata

Form type
4
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 5:33 PM ET
Size
26.3 KB