Datadog Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
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Mar 31, 2024 · Filed May 8, 2024
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Item 5. Other Information
Trading Arrangements
During thethree months ended March 31, 2024, 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 |
|---|---|---|---|---|
| Julie Richardson | Director | March 7, 2024 | 6,233 | March 31, 2025 |
| Kerry Acocella | General Counsel & Secretary | March 15, 2024 | Up to 25,915 (1) | December 27, 2024 |
| (1)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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