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