Obstler David M's Form 4/A amendment
AmendedDatadog, Inc. (DDOG) · filed Oct 29, 2021
- Accession no.
- 0001209191-21-062089
- Filed
- Oct 29, 2021
- Trade date
- Aug 18, 2021
- Filing delay
- 72 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Aug 20, 2016
This filing lists 3 derivative transactions. It carries over 5 transactions from the original filing that it did not restate. Open-market sales total $19.3M. It was filed 72 days after the trade.
This amendment restates part of 0001209191-21-052843 (filed Aug 20, 2021). The transactions it did not restate still count and are listed below.
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 |
|---|---|
| Obstler David MCIK 0001120741 | Officer (Chief Financial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 18, 2021 | Class B Common Stock | MOption exerciseDisposed | −145,000 | $0.00 | $0 | 755,000 | Direct | |
| Aug 18, 2021 | Class A Common Stock | MOption exerciseAcquired | +145,000 | $0.00 | $0 | 160,603 | Direct | |
| Aug 18, 2021 | Class A Common Stock | CConversionDisposed | −145,000 | $0.00 | $0 | 15,603 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001209191-21-052843 (filed Aug 20, 2021).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 18, 2021 | Class A Common Stock | CConversionAcquired | +145,000 | $0.00F1 | $0 | 322,095 | Direct | |
| Aug 18, 2021 | Class A Common Stock | SSaleDisposed | −36,649 | $132.01F3 | −$4,838,034.49 | 285,446 | Direct | |
| Aug 18, 2021 | Class A Common Stock | SSaleDisposed | −66,925 | $132.83F4 | −$8,889,647.75 | 218,521 | Direct | |
| Aug 18, 2021 | Class A Common Stock | SSaleDisposed | −39,088 | $133.72F5 | −$5,226,847.36 | 179,433 | Direct | |
| Aug 18, 2021 | Class A Common Stock | SSaleDisposed | −2,338 | $134.43F6 | −$314,297.34 | 177,095 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F1
Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
Referenced by the price of 1 transaction in Table I.
- F3
Price reported is a weighted-average sales price. The shares were sold at prices ranging from $131.31 to $132.30. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F4
Price reported is a weighted-average sales price. The shares were sold at prices ranging from $132.31 to $133.30. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F5
Price reported is a weighted-average sales price. The shares were sold at prices ranging from $133.31 to $134.30. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F6
Price reported is a weighted-average sales price. The shares were sold at prices ranging from $134.32 to $134.53. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
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.
- F1
Option vests as to 25% on September 6, 2019 and in equal monthly installments thereafter over three years.
- F2
Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon the earliest of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's amended and restated certificate of incorporation, (ii) the death of the Reporting Person in the case of shares held directly or in a trustee capacity, and (iii) the tenth anniversary of the Issuer's initial public offering of its Class A Common Stock.
Remarks
This amendment to Form 4 is being filed solely to correct end of period Class B Common Stock holdings at August 8, 2021