Datadog (DDOG) grants 28,625 RSUs to general counsel Kerry Acocella
Rhea-AI Filing Summary
Acocella Kerry reported acquisition or exercise transactions in this Form 4 filing.
Datadog, Inc. reported that its General Counsel and Secretary, Kerry Acocella, received a grant of 28,625 shares of Class A Common Stock in the form of restricted stock units (RSUs) at no purchase price. Following this award, Acocella directly holds 154,346 shares.
The footnote explains that each RSU represents the right to receive one share of Class A Common Stock. 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, as long as Acocella remains in Continuous Service under Datadog’s 2019 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 28,625 | $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 Kerry Acocella?
How many Datadog RSUs were granted to Kerry Acocella and at what price?
What is the vesting schedule for Kerry Acocella’s 28,625 Datadog RSUs?
What does the Continuous Service requirement mean for Datadog’s RSU grant to Acocella?
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