0001209191-21-022738.txt : 20210323
0001209191-21-022738.hdr.sgml : 20210323
20210323203057
ACCESSION NUMBER: 0001209191-21-022738
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210323
FILED AS OF DATE: 20210323
DATE AS OF CHANGE: 20210323
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Spruill Yancey L.
CENTRAL INDEX KEY: 0001463488
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40252
FILM NUMBER: 21766238
MAIL ADDRESS:
STREET 1: 1601 DRY CREEK DRIVE, SUITE 260
CITY: LONGMONT
STATE: CO
ZIP: 80503
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DigitalOcean Holdings, Inc.
CENTRAL INDEX KEY: 0001582961
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1230
BUSINESS ADDRESS:
STREET 1: 101 AVENUE OF THE AMERICAS
STREET 2: 10TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10013
BUSINESS PHONE: 341-985-0306
MAIL ADDRESS:
STREET 1: 101 AVENUE OF THE AMERICAS
STREET 2: 10TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10013
FORMER COMPANY:
FORMER CONFORMED NAME: Digital Ocean, Inc.
DATE OF NAME CHANGE: 20130731
3
1
doc3.xml
FORM 3 SUBMISSION
X0206
3
2021-03-23
0
0001582961
DigitalOcean Holdings, Inc.
DOCN
0001463488
Spruill Yancey L.
C/O DIGITALOCEAN HOLDINGS, INC.
101 6TH AVENUE
NEW YORK
NY
10013
1
1
0
0
Chief Executive Officer
Common Stock
140000
D
Stock Option (Right to Buy)
5.61
2029-08-13
Common Stock
3500000
D
The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer.
An aggregate of 15% of the shares underlying these RSUs shall vest on March 1, 2022, an additional 25% of the shares underlying these RSUs shall vest in 4 equal quarterly installments, beginning on June 1, 2022, and the remaining shares underlying these RSUs shall vest in 8 equal quarterly installments beginning on June 1, 2023, subject to the Reporting Person's continuous service with the Issuer on each such date.
One fourth of the shares underlying this option vested and became exercisable on August 13, 2020, and the remaining shares underlying this option vest in 36 equal monthly installments beginning on September 13, 2020, subject to the Reporting Person's continuous service with the Issuer on each such date.
Exhibit List - Exhibit 24 - Power of Attorney
/s/ Jayne Munger, Attorney-in-Fact
2021-03-23
EX-24.3_975195
2
poa.txt
POA DOCUMENT
POWER OF ATTORNEY
(For Executing Form ID and Forms 3, 4 and 5 and Schedules 13D and 13G)
Know all by these presents, that the undersigned hereby constitutes and appoints
each of Robert Warshaw, Jayne Munger, Brandon Fenn, Jill Simon and Kathleen
Murray of Cooley LLP, and each of Alan Shapiro, Seth Zelnick and Zahrah Devji of
DigitalOcean Holdings, Inc. (the "Company"), signing individually, the
undersigned's true and lawful attorneys-in fact and agents to:
(1) Prepare, execute in the undersigned's name and on the undersigned's behalf,
and submit to the the Securities and Exchange Commission (the "SEC") Form ID and
Forms 3, 4 and 5 (including amendments thereto and joint filing agreements in
connection therewith) in accordance with Section 13 or Section 16 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act") and the rules
thereunder in the undersigned's capacity as a beneficial owner of a registered
class of securities of the Company;
(2) Do and perform any and all acts for and on behalf of the undersigned that
may be necessary or desirable to prepare and execute any such Form ID and Forms
3, 4 or 5, Schedules 13D and 13G (including amendments thereto and joint filing
agreements in connection therewith) and Forms 144, and file such forms with the
SEC and any stock exchange, self-regulatory association or any similar
authority; and
(3) Take any other action of any type whatsoever in connection with the
foregoing that, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required of the undersigned, it being
understood that the documents executed by the attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as the attorney-in-fact may approve in the
attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney in fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney in fact, or such attorney
in fact's substitute or substitutes, shall lawfully do or cause to be done by
virtue of this power of attorney and the rights and powers herein granted. The
undersigned acknowledges that the foregoing attorneys-in-fact, and their
substitutes, in serving in such capacity at the request of the undersigned, are
not assuming (nor is the Company assuming) any of the undersigned's
responsibilities to comply with Sections 13 and 16 of the Exchange Act and Rule
144 thereunder.
This Power of Attorney shall remain in full force and effect until the earliest
to occur of (a) the undersigned is no longer required to file Form ID or Forms
3, 4 and 5 or Schedules 13D or 13G with respect to the undersigned's holdings of
and transactions in securities issued by the Company, (b) revocation by the
undersigned in a signed writing delivered to the Company and the foregoing
attorneys-in fact or (c) as to any attorney-in-fact individually, until such
attorney-in-fact is no longer employed by Cooley LLP or by the Company.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of the date written below.
Date: February 6, 2021
By: /s/ Yancey L. Spruill
Name: Yancey L. Spruill