Datadog Inc
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
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Item 9B. Other Information
Trading Arrangements
During the three months ended December 31, 2023, the Company’s directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted written plans intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) for the sale of the Company’s securities as set forth in the table below.
| Name | Position | Adoption Date | Total Shares of Class A Common Stock to be Sold | Expiration Date |
|---|---|---|---|---|
| David Obstler | Chief Financial Officer | December 10, 2023 | 200,000 (1) | March 15, 2025 |
| Armelle de Madre | Chief People Officer | December 12, 2023 | Up to 72,870 (2) | March 31, 2025 |
| Dev Ittycheria | Director | December 12, 2023 | 135,000 | February 28, 2025 |
| Sean Walters | Chief Revenue Officer | December 14, 2023 | Up to 86,510 (2) | February 11, 2025 |
| (1)The amount includes 100,000 shares to be sold under the Rule 10b5-1 trading plan by the Obstler Children 2019 Trust.(2)The actual number of shares that will be sold under the Rule 10b5-1 trading plan will be reduced by the number of shares sold pursuant to the Company’s election under its equity incentive plans to require the satisfaction of tax withholding obligations realized upon the vesting of RSUs and PSUs to be funded by a sell-to-cover transaction. The number of Company shares to be sold to satisfy the Company’s tax withholding obligation is not known at this time as it is dependent on future events, including the future trading price of the Company’s shares. | ||||
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