Datadog (DDOG) Chief People Officer granted 25,354 RSUs
Rhea-AI Filing Summary
Galloreese David reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. reported that Chief People Officer David Galloreese received an equity grant of 25,354 shares of Class A common stock in the form of restricted stock units (RSUs) at no cash cost. Each RSU represents the right to receive one share as it vests.
The RSUs vest as to 12/48 of the shares on March 1, 2027, with the remaining shares vesting 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. Following this award, he directly holds 130,886 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 25,354 | $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
What insider transaction did Datadog (DDOG) report for David Galloreese?
Is the Datadog (DDOG) Form 4 transaction a market purchase or sale?
How do the new RSUs for Datadog’s David Galloreese vest over time?
What does each RSU granted to David Galloreese by Datadog (DDOG) represent?
What conditions apply to the Datadog RSUs awarded to David Galloreese?
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