David M. Obstler - Dec 2, 2022 Form 4 Insider Report for Datadog, Inc. (DDOG)

Role
Chief Financial Officer
Signature
David Obstler, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Dec 2, 2022
Transactions value $
-$720,875
Form type
4
Date filed
12/6/2022, 04:16 PM
Previous filing
Sep 13, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Class A Common Stock Sale -$721K -9.66K -4.82% $74.63 191K Dec 2, 2022 Direct F1, F2

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 -192K -100% $0.00* 0 Sep 15, 2022 Class A Common Stock 192K By GRAT F3, F4
transaction DDOG Class B Common Stock Gift $0 +192K $0.00 192K Sep 15, 2022 Class A Common Stock 192K By Trust F3, F5
holding DDOG Class B Common Stock 15.6K Dec 2, 2022 Class A Common Stock 15.6K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $74.54 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.
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 the David Obstler 2019 GRAT, of which Reporting Person is Trustee.
F5 Shares are held directly by the Obstler Children 2019 Trust, of which the Reporting Person's spouse is Trustee.