Datadog COO awarded 59,295 RSUs in stock grant
Blitzer Adam reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Blitzer Adam reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. Chief Operating Officer Adam Blitzer received a grant of 59,295 shares of Class A Common Stock in the form of restricted stock units. These RSUs carry no purchase price and increase his direct holdings to 289,615 shares after the grant.
The award vests over time. According to the terms, 12/48 of the RSUs vest on March 1, 2027, and the remaining shares vest in 12 equal quarterly installments on each June 1, September 1, December 1 and March 1 thereafter, as long as he remains in continuous service under Datadog’s 2019 Equity Incentive Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 59,295 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the number of shares of Class A Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. The shares underlying the RSUs vest as to 12/48 of the shares on March 1, 2027 and the remainder of the shares vest in 12 equal installments on each June 1, September 1, December 1 and March 1 thereafter, subject to the Reporting Person remaining in Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer as of each such date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Continuous Service financial
2019 Equity Incentive Plan financial
FAQ
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What did Datadog (DDOG) COO Adam Blitzer report in this Form 4?
How do Adam Blitzer’s Datadog (DDOG) RSUs vest over time?
What plan governs Adam Blitzer’s Datadog (DDOG) RSU award?
AI-generated analysis. How Rhea-AI works. Not financial advice.