Andreessen Horowitz Fund III-Q, L.P.'s Form 4 filing
DigitalOcean Holdings, Inc. (DOCN) · filed Aug 10, 2021
- Accession no.
- 0001104659-21-103064
- Filed
- Aug 10, 2021, 9:50 PM ET
- Trade date
- Aug 6-9, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 10 non-derivative transactions. Open-market sales total $11.0M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Andreessen Horowitz Fund III-Q, L.P.CIK 0001540245 | 10% Owner |
| Andreessen Horowitz Fund III, L.P.CIK 0001540352 | 10% Owner |
| Andreessen Horowitz Fund III-B, L.P.CIK 0001540353 | 10% Owner |
| Andreessen Horowitz Fund III-A, L.P.CIK 0001540355 | 10% Owner |
| AH Equity Partners III (Parallel), L.L.C.CIK 0001540359 | 10% Owner |
| AH Equity Partners III, L.L.C.CIK 0001540361 | 10% Owner |
| AH Parallel Fund III, L.P.CIK 0001540363 | 10% Owner |
| AH Parallel Fund III-A, L.P.CIK 0001540364 | 10% Owner |
| AH Parallel Fund III-B, L.P.CIK 0001540366 | 10% Owner |
| AH Parallel Fund III-Q, L.P.CIK 0001540367 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 6, 2021 | Common Stock | JOtherDisposed | −2,689,498 | $0.00 | $0 | 8,068,492 | Indirect | Duplicate filing |
| Aug 6, 2021 | Common Stock | JOtherDisposed | −1,226,089 | $0.00 | $0 | 3,678,265 | Indirect | Duplicate filing |
| Aug 6, 2021 | Common Stock | JOtherAcquired | +246,368 | $0.00 | $0 | 246,368 | Indirect | |
| Aug 6, 2021 | Common Stock | JOtherAcquired | +260,395 | $0.00 | $0 | 260,395 | Indirect | |
| Aug 6, 2021 | Common Stock | JOtherAcquired | +10,599 | $0.00 | $0 | 10,599 | Indirect | |
| Aug 9, 2021 | Common Stock | SSaleDisposed | −38,756 | $52.46F14 | −$2,033,139.76 | 207,612 | Indirect | |
| Aug 9, 2021 | Common Stock | SSaleDisposed | −108,226 | $52.84F15 | −$5,718,661.84 | 99,386 | Indirect | |
| Aug 9, 2021 | Common Stock | SSaleDisposed | −49,364 | $53.84F16 | −$2,657,757.76 | 50,022 | Indirect | |
| Aug 9, 2021 | Common Stock | SSaleDisposed | −7,533 | $52.71F17 | −$397,064.43 | 3,066 | Indirect | |
| Aug 9, 2021 | Common Stock | SSaleDisposed | −3,066 | $53.70F18 | −$164,644.2 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F14
Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $51.62 to $52.615. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (14) through (16) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F15
Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $52.62 to $53.61.
Referenced by the price of 1 transaction in Table I.
- F16
Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $53.63 to $54.00.
Referenced by the price of 1 transaction in Table I.
- F17
Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $52.15 to $53.14. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (17) and (18) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F18
Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $53.31 to $53.99.
Referenced by the price of 1 transaction in Table I.
Remarks
This Form 4 is one of two Form 4s filed relating to the same events. Combined, the two reports report the holdings and/or transactions for the following reporting persons: Andreessen Horowitz Fund III, L.P., Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., Andreessen Horowitz Fund III-Q, L.P., AH Parallel Fund III, L.P., AH Parallel Fund III-A, L.P., AH Parallel Fund III-B L.P., AH Parallel Fund III-Q, L.P., AH Equity Partners III, L.L.C., AH Equity Partners III (Parallel), L.L.C., AH Capital Management, L.L.C., Benjamin Horowitz and Marc Andreessen. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.