Amit Agarwal - Dec 1, 2022 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief Product Officer
Signature
Amit Agarwal, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Dec 1, 2022
Transactions value $
-$636,463
Form type
4
Date filed
12/5/2022, 05:23 PM
Previous filing
Sep 6, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Common A Common Stock Gift $0 -6.54K -100% $0.00* 0 Sep 9, 2022 By GRAT F1
transaction DDOG Common A Common Stock Gift $0 +6.54K $0.00 6.54K Sep 9, 2022 By Trust F2
transaction DDOG Common A Common Stock Conversion of derivative security $0 +1.64K $0.00 1.64K Dec 1, 2022 By Trust F3, F4
transaction DDOG Common A Common Stock Sale -$636K -8.53K -4.83% $74.63 168K Dec 2, 2022 Direct F5, F6

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 Gift $0 -603K -100% $0.00* 0 Sep 9, 2022 Class A Common Stock 603K By GRAT F1, F3
transaction DDOG Class B Common Stock Gift $0 +603K $0.00 603K Sep 9, 2022 Class A Common Stock 603K By Trust F2, F3
transaction DDOG Class B Common Stock Conversion of derivative security $0 -1.64K -0.15% $0.00 1.06M Dec 1, 2022 Class A Common Stock 1.64K By Trust F3, F4
holding DDOG Class B Common Stock 7 Dec 1, 2022 Class A Common Stock Direct F3
holding DDOG Class B Common Stock 95.7K Dec 1, 2022 Class A Common Stock By Spouse F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held directly by Amit Agarwal 2019 GRAT, of which the Reporting Person is Trustee.
F2 Shares are held directly by Agarwal 2019 Family Trust, of which the Reporting Person's spouse is Trustee.
F3 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 earliest 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, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
F4 Shares are held directly by Agarwal 2018 Family Trust, of which the Reporting Person's spouse is Trustee.
F5 The Reporting Person was required by the Issuer to sell only the number of shares of common stock necessary to cover applicable tax withholding obligations realized upon the vesting of restricted stock units, as well as any related brokerage commission fees.
F6 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $74.5279 to $74.635231. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F7 Shares are held by Reporting Person's spouse.