4//SEC Filing
Butte Amy 4
Accession 0001582961-24-000083
CIK 0001582961other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 4:17 PM ET
Size
8.3 KB
Accession
0001582961-24-000083
Insider Transaction Report
Form 4
Butte Amy
Director
Transactions
- Award
Common Stock
2024-06-06+5,417→ 41,637 total(indirect: See Footnote) - Sale
Common Stock
2024-06-07$37.46/sh−5,220$195,541→ 36,417 total(indirect: See Footnote)
Footnotes (4)
- [F1]The security represents restricted stock units ("RSUs") issued to the Reporting Person pursuant to the annual grant under the Issuer's non-employee director compensation policy (the "Policy"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. Pursuant to the Policy, the number of shares of RSUs is equal to $200,000 divided by $36.92, the average of the closing price of the Issuer's common stock on the NYSE for the 10 trading days prior to and ending on the date of grant. The shares underlying these RSUs will vest on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the Issuer's 2025 annual stockholders' meeting, subject to the Reporting Person's continuous service with the Issuer through the applicable vesting date.
- [F2]Securities are held by Plato Partners LLC, of which the Reporting Person owns substantially all of the ownership interests. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
- [F3]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in several transactions at prices ranging from $37.26-37.78, 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.
Documents
Issuer
DigitalOcean Holdings, Inc.
CIK 0001582961
Entity typeother
Related Parties
1- filerCIK 0001354540
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 4:17 PM ET
- Size
- 8.3 KB