4//SEC Filing
Spruill Yancey L. 4
Accession 0001582961-23-000074
CIK 0001582961other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 4:30 PM ET
Size
16.4 KB
Accession
0001582961-23-000074
Insider Transaction Report
Form 4
Spruill Yancey L.
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2023-11-15$27.22/sh−546,499$14,875,703→ 4,198,656 total - Sale
Common Stock
2023-11-14$26.63/sh−93,359$2,486,150→ 3,253,155 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-11-15−1,492,000→ 1,666,700 totalExercise: $5.61Exp: 2029-08-13→ Common Stock (1,492,000 underlying) - Exercise/Conversion
Common Stock
2023-11-15$5.61/sh+1,492,000$8,370,120→ 4,745,155 total - Sale
Common Stock
2023-11-14$26.83/sh−106,886$2,867,751→ 3,076,514 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-11-14−270,000→ 3,158,700 totalExercise: $5.61Exp: 2029-08-13→ Common Stock (270,000 underlying) - Exercise/Conversion
Common Stock
2023-11-14$5.61/sh+270,000$1,514,700→ 3,346,514 total
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $26.32-$27.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- [F2]The transaction reported consists of shares sold by the Reporting Person to cover the Reporting Person's exercise price and/or tax obligations in connection with the option exercise disclosed in Table II.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $26.25-$27.10, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $26.56-$27.59, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
- [F5]One fourth of the shares underlying this option vested and became exercisable on August 13, 2020, and the remaining shares underlying this option vested in 36 equal monthly installments beginning on September 13, 2020, subject to the Reporting Person's continuous service with the Issuer on each such date.
Documents
Issuer
DigitalOcean Holdings, Inc.
CIK 0001582961
Entity typeother
Related Parties
1- filerCIK 0001463488
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 4:30 PM ET
- Size
- 16.4 KB