Index Ventures VI (Jersey) LP - May 17, 2021 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
10%+ Owner
Signature
Index Ventures VI (Jersey) LP, By: Index Venture Associates VI Limited, as General Partner, By: /s/ Matthew Miles, Its: Alternate Director
Stock symbol
DDOG
Transactions as of
May 17, 2021
Transactions value $
-$9,840,359
Form type
4
Date filed
5/19/2021, 04:00 PM
Next filing
Jul 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Class A Common Stock Conversion of derivative security $0 +909K $0.00 909K May 17, 2021 Direct F1, F2
transaction DDOG Class A Common Stock Other $0 -909K -100% $0.00* 0 May 17, 2021 Direct F1, F2
transaction DDOG Class A Common Stock Other $0 -224K -98.72% $0.00 2.91K May 17, 2021 Direct F1, F3
transaction DDOG Class A Common Stock Sale -$34.3K -430 -14.79% $79.78 2.48K May 17, 2021 Direct F3, F4
transaction DDOG Class A Common Stock Sale -$83.6K -1.04K -41.97% $80.41 1.44K May 17, 2021 Direct F3, F5
transaction DDOG Class A Common Stock Sale -$112K -1.37K -95.48% $81.49 65 May 17, 2021 Direct F3, F6
transaction DDOG Class A Common Stock Sale -$5.35K -65 -100% $82.28 0 May 17, 2021 Direct F3, F7
transaction DDOG Class A Common Stock Conversion of derivative security $0 +2.7M $0.00 2.7M May 17, 2021 Direct F8, F9
transaction DDOG Class A Common Stock Other $0 -2.7M -100% $0.00* 0 May 17, 2021 Direct F8, F9
transaction DDOG Class A Common Stock Conversion of derivative security $0 +54.5K $0.00 54.5K May 17, 2021 Direct F10, F11
transaction DDOG Class A Common Stock Other $0 -54.5K -100% $0.00* 0 May 17, 2021 Direct F10, F11
transaction DDOG Class A Common Stock Other $0 -689K -100% $0.00* 0 May 17, 2021 Direct F8, F10, F12
transaction DDOG Class A Common Stock Conversion of derivative security $0 +48.7K +69.52% $0.00 119K May 17, 2021 Direct F13, F14
transaction DDOG Class A Common Stock Sale -$1.4M -17.6K -14.8% $79.78 101K May 17, 2021 Direct F4, F14
transaction DDOG Class A Common Stock Sale -$3.42M -42.5K -41.99% $80.41 58.7K May 17, 2021 Direct F5, F14
transaction DDOG Class A Common Stock Sale -$4.57M -56.1K -95.49% $81.49 2.65K May 17, 2021 Direct F6, F14
transaction DDOG Class A Common Stock Sale -$218K -2.65K -100% $82.28 0 May 17, 2021 Direct F7, F14

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DDOG Class B Common Stock Conversion of derivative security $0 -909K -16.67% $0.00 4.54M May 17, 2021 Class A Common Stock 909K Direct F1, F2, F15
transaction DDOG Class B Common Stock Conversion of derivative security $0 -2.7M -16.67% $0.00 13.5M May 17, 2021 Class A Common Stock 2.7M Direct F8, F9, F15
transaction DDOG Class B Common Stock Conversion of derivative security $0 -54.5K -16.67% $0.00 273K May 17, 2021 Class A Common Stock 54.5K Direct F10, F11, F15
transaction DDOG Class B Common Stock Conversion of derivative security $0 -48.7K -16.67% $0.00 244K May 17, 2021 Class A Common Stock 48.7K Direct F13, F14, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 17, 2021, Index Ventures Growth III (Jersey), L.P. ("Index Growth III") converted in the aggregate 908,774 shares of the Issuer's Class B Common Stock into 908,774 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index Growth III distributed in-kind, without consideration, 908,774 shares of Class A Common Stock pro-rata to its limited partners and its general partner, Index Venture Growth Associates III Limited ("IVGA III"), in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. On the same date, IVGA III distributed in-kind, without consideration, 224,285 shares of Class A Common Stock received in the Index Growth III distribution pro-rata to its shareholders, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F2 The shares are held by Index Growth III. IVGA III is the general partner of Index Growth III and disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.
F3 The shares are held by IVGA III.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.50 - $79.99. 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 this footnote.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 - $80.99. 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 this footnote.
F6 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.00 - $81.98. 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 this footnote.
F7 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.05 - $82.50. 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 this footnote.
F8 On May 17, 2021, Index Ventures VI (Jersey), L.P. ("Index VI") converted in the aggregate 2,700,313 shares of the Issuer's Class B Common Stock into 2,700,313 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index VI distributed in-kind, without consideration, 2,700,313 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, Index Venture Associates VI Limited ("IVA VI"), in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. On the same date, IVA VI distributed in-kind, without consideration, the 675,078 shares of Class A Common Stock received in the Index VI distribution pro-rata to its shareholders, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F9 The shares are held by Index VI. IVA VI is the general partner of Index VI and disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.
F10 On May 17, 2021, Index Ventures VI Parallel Entrepreneur Fund (Jersey), L.P. ("Index VI Parallel") converted in the aggregate 54,506 shares of the Issuer's Class B Common Stock into 54,506 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index VI Parallel distributed in-kind, without consideration, 54,506 shares of Class A Common Stock pro-rata to its partners, including its limited partners and its general partner, IVA VI, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended. On the same date, IVA VI distributed in-kind, without consideration, the 13,627 shares of Class A Common Stock received in the Index VI Parallel distribution pro-rata to its shareholders, in accordance with the exemption under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
F11 The shares are held by Index VI Parallel. IVA VI is the general partner of Index VI Parallel and disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.
F12 The shares are held by IVA VI.
F13 On May 17, 2021, Yucca (Jersey) SLP ("Yucca") converted in the aggregate 48,709 shares of the Issuer's Class B Common Stock into 48,709 shares of the Issuer's Class A Common Stock.
F14 The shares are held by Yucca. Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Fund's investment in the Issuer (in this case, Index Growth III, Index VI and Index VI Parallel). Each of IVGA III and IVA VI disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.
F15 Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earlier of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, and (ii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.