4//SEC Filing
Gadit Muhammad Aaqib 4
Accession 0001582961-24-000040
CIK 0001582961other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 4:17 PM ET
Size
5.8 KB
Accession
0001582961-24-000040
Insider Transaction Report
Form 4
Gadit Muhammad Aaqib
Chief Revenue Officer
Transactions
- Award
Common Stock
2024-02-21+36,991→ 238,827 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 2023 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 PSUs was established upon certification of the achievement of the performance-based vesting criteria by the compensation committee of the board of directors based on the Issuer's 2023 financial results, 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, 2024 and the remaining shares underlying the PSU shall vest in eight equal quarterly installments beginning on June 1, 2024, 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 0001957931
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 4:17 PM ET
- Size
- 5.8 KB