Datadog CTO granted 94,054 RSUs
Le-Quoc Alexis reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Le-Quoc Alexis reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. director and Chief Technology Officer Alexis Le-Quoc received an equity award of 94,054 restricted stock units (RSUs) tied to Class A Common Stock. The award was granted at $0.0000 per share as a compensation-related grant, not an open-market purchase.
Each RSU represents the right to receive one share of Class A Common Stock if service conditions are met. The RSUs vest as to 12/48 of the shares on March 1, 2027, with the remaining shares vesting in 12 equal installments on each June 1, September 1, December 1 and March 1 thereafter, subject to his Continuous Service under Datadog’s 2019 Equity Incentive Plan. Following this grant, Le-Quoc directly holds 531,311 shares, and an additional 169 shares are held indirectly through the Alexis Le-Quoc Revocable Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 94,054 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- 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.
- F2. Shares are held by the Alexis Le-Quoc Revocable Trust.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Continuous Service financial
2019 Equity Incentive Plan financial
Revocable Trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Datadog (DDOG) report for Alexis Le-Quoc?
How do the 94,054 RSUs granted to Datadog (DDOG) CTO vest?
What conditions affect vesting of the Datadog (DDOG) RSUs granted to Alexis Le-Quoc?
AI-generated analysis. How Rhea-AI works. Not financial advice.