Sean Michael Walters - Jun 2, 2023 Form 4 Insider Report for Datadog, Inc. (DDOG)

Signature
Sean Michael Walters, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
DDOG
Transactions as of
Jun 2, 2023
Transactions value $
-$774,892
Form type
4
Date filed
6/6/2023, 06:27 PM
Previous filing
Apr 27, 2023
Next filing
Jul 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DDOG Common A Common Stock Sale -$652K -6.5K -3.25% $100.33 194K Jun 2, 2023 Direct F1
transaction DDOG Common A Common Stock Sale -$123K -1.11K -0.57% $110.29 193K Jun 5, 2023 Direct F2
holding DDOG Common A Common Stock 8 Jun 2, 2023 By son
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 Shares sold pursuant to a 10b5-1 trading plan adopted on March 15, 2023.