0001582961-24-000040.txt : 20240223
0001582961-24-000040.hdr.sgml : 20240223
20240223161727
ACCESSION NUMBER: 0001582961-24-000040
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240221
FILED AS OF DATE: 20240223
DATE AS OF CHANGE: 20240223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gadit Muhammad Aaqib
CENTRAL INDEX KEY: 0001957931
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40252
FILM NUMBER: 24671439
MAIL ADDRESS:
STREET 1: C/O DIGITALOCEAN HOLDINGS, INC.
STREET 2: 101 6TH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10013
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DigitalOcean Holdings, Inc.
CENTRAL INDEX KEY: 0001582961
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
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
4
1
wk-form4_1708723031.xml
FORM 4
X0508
4
2024-02-21
0
0001582961
DigitalOcean Holdings, Inc.
DOCN
0001957931
Gadit Muhammad Aaqib
C/O DIGITALOCEAN HOLDINGS, INC.
101 6TH AVENUE
NEW YORK
NY
10013
0
1
0
0
Chief Revenue Officer
0
Common Stock
2024-02-21
4
A
0
36991
0
A
238827
D
The security represents the satisfaction of the performance-based vesting condition with respect to previously issued performance-based restricted stock units ("PSUs") based on the Issuer's 2023 financial performance. Each PSU represents a contingent right to receive one share of the Issuer's common stock. Under the terms of the PSUs, the degree of achievement of the PSUs was established upon certification of the achievement of the performance-based vesting criteria by the compensation committee of the board of directors based on the Issuer's 2023 financial results, and the number of shares reported reflects the extent of such achievement. The PSU remains subject to time-based vesting as follows: one third of the shares underlying the PSU shall vest on March 1, 2024 and the remaining shares underlying the PSU shall vest in eight equal quarterly installments beginning on June 1, 2024, subject to the Reporting Person's continuous service through each such vesting date.
/s/ Seth Zelnick, Attorney-in-Fact
2024-02-23