# EDGAR Filing Document

**Accession Number:** 0001582961
**File Stem:** 0001562180-23-002413
**Filing Date:** 2023-3
**Character Count:** 10014
**Document Hash:** e345060f5a563217988a6b0e31516778
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001562180-23-002413.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001562180-23-002413

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230301

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Gadit Muhammad Aaqib
- **CENTRAL INDEX KEY:** 0001957931

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40252
- **FILM NUMBER:** 23705459

**MAIL ADDRESS:**
- **STREET 1:** C/O DIGITALOCEAN HOLDINGS, INC.
- **STREET 2:** 101 6TH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DigitalOcean Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001582961
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 101 AVENUE OF THE AMERICAS
- **STREET 2:** 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
- **BUSINESS PHONE:** 341-985-0306

**MAIL ADDRESS:**
- **STREET 1:** 101 AVENUE OF THE AMERICAS
- **STREET 2:** 10TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Digital Ocean, Inc.
- **DATE OF NAME CHANGE:** 20130731

## Ex-24

```

POWER OF ATTORNEY

(For Executing Form ID and Forms 3, 4 and 5 and
Schedules 13D and 13G)

Know all by these presents, that the undersigned hereby
constitutes and appoints each of Darren DeStefano, Brad Goldberg
Shari Ness, Jayne Munger and Jill Simon of Cooley LLP, and each of
Alan Shapiro, Seth Zelnick, Zahrah Devji and Adrianne Cherpak of
DigitalOcean Holdings, Inc. (the "Company"), signing individually,
the undersigned's true and lawful attorneys-in fact and agents to:

(1)	Prepare, execute in the undersigned's name and on the
undersigned's behalf, and submit to the the Securities and
Exchange Commission (the "SEC") Form ID and Forms 3, 4 and 5
(including amendments thereto and joint filing agreements in
connection therewith) in accordance with Section 13 or Section
16 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act") and the rules thereunder in the undersigned's
capacity as a beneficial owner of a registered class of
securities of the Company;

(2)	Do and perform any and all acts for and on behalf of the
undersigned that may be necessary or desirable to prepare and
execute any such Form ID and Forms 3, 4 or 5, Schedules 13D
and 13G (including amendments thereto and joint filing
agreements in connection therewith) and Forms 144, and file
such forms with the SEC and any stock exchange, self-
regulatory association or any similar authority; and

(3)	Take any other action of any type whatsoever in connection
with the foregoing that, in the opinion of such attorney-in-
fact, may be of benefit to, in the best interest of, or
legally required of the undersigned, it being understood that
the documents executed by the attorney-in-fact on behalf of
the undersigned pursuant to this Power of Attorney shall be in
such form and shall contain such terms and conditions as the
attorney-in-fact may approve in the attorney-in-fact's
discretion.

 The undersigned hereby grants to each such attorney-in-fact
full power and authority to do and perform any and every act
and thing whatsoever requisite, necessary, or proper to be
done in the exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full
power of substitution or revocation, hereby ratifying and
confirming all that such attorney-in-fact, or such attorney-
in-fact's substitute or substitutes, shall lawfully do or
cause to be done by virtue of this power of attorney and the
rights and powers herein granted.  The undersigned
acknowledges that the foregoing attorneys-infact, and their
substitutes, in serving in such capacity at the request of the
undersigned, are not assuming (nor is the Company assuming)
any of the undersigned's responsibilities to comply with
Sections 13 and 16 of the Exchange Act and Rule 144
thereunder.

 This Power of Attorney shall remain in full force and effect
until the earliest to occur of (a) the undersigned is no
longer required to file Form ID or Forms 3, 4 and 5 or
Schedules 13D or 13G with respect to the undersigned's
holdings of and transactions in securities issued by the
Company, (b) revocation by the undersigned in a signed writing
delivered to the Company and the foregoing attorneys-in fact
or (c) as to any attorney-in-fact individually, until such
attorney-in-fact is no longer employed by Cooley LLP or by the
Company.

 IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of the date written below.

Date: 12/9/2022

By: /s/ Muhammad Aaqib Gadit
Name: Muhammad Aaqib Gadit

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Gadit Muhammad Aaqib<br><sub>(Last) (First) (Middle)</sub><br>C/O DIGITALOCEAN HOLDINGS, INC.<br>101 6TH AVENUE<br><sub>(Street)</sub><br>NEW YORK, NY 10013<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Revenue Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>DigitalOcean Holdings, Inc. [ DOCN ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-01 |  | A |  | 51736.00<sup>(1)</sup> | A | $0.00 | 207462.00 | D |  |
| Common Stock | 2023-03-01 |  | F<sup>(2)</sup> |  | 2247.00 | D | $31.98 | 205215.00 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) The security represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying these RSUs vest in 16 equal quarterly installments, commencing on June 1, 2023, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.

(2) The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of RSUs.

**Signature:** /s/ Seth Zelnick, Attorney-in-Fact  
**Date:** 2023-03-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**