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