4//SEC Filing
Brantz Carly D 4
Accession 0001562180-22-001894
CIK 0001582961other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:14 PM ET
Size
5.8 KB
Accession
0001562180-22-001894
Insider Transaction Report
Form 4
Brantz Carly D
Chief Marketing Officer
Transactions
- Award
Common Stock
2022-02-24+49,683→ 98,864 total
Footnotes (1)
- [F1]The security represents the satisfaction of the performance-based vesting condition with respect to previously issued performance-based restricted stock units ("PSUs") based on the Issuer's 2021 financial performance. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Under the terms of the PSUs, the degree of achievement of the performance-based vesting criteria was established upon the public announcement of the Issuer's 2021 financial results on February 24, 2022, and the number of shares reported reflects the extent of such achievement. The PSU remains subject to time-based vesting as follows: one third of the shares underlying the PSU shall vest on March 1, 2022 and the remaining shares underlying the PSU shall vest in eight equal quarterly installments beginning on June 1, 2022, subject to the Reporting Person's continuous service through each such vesting date.
Documents
Issuer
DigitalOcean Holdings, Inc.
CIK 0001582961
Entity typeother
Related Parties
1- filerCIK 0001845692
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 5:14 PM ET
- Size
- 5.8 KB