DigitalOcean Files Definitive Proxy Statement

TL;DR

DO proxy statement filed. Shareholders vote on exec pay & board at June 6 meeting.

AI Summary

DigitalOcean Holdings, Inc. filed its definitive proxy statement (DEF 14A) on April 19, 2024, for its annual meeting on June 6, 2024. The filing outlines the company's governance and executive compensation details, as is standard for a proxy statement. It does not contain specific financial performance figures or forward-looking guidance within this document itself.

Why It Matters

This filing is crucial for shareholders to understand executive compensation, board nominations, and voting matters before the annual meeting, enabling informed participation in corporate governance.

Risk Assessment

Risk Level: low — This is a standard DEF 14A filing, which is routine for public companies and does not inherently introduce new risks.

Key Players & Entities

• DigitalOcean Holdings, Inc. (company) — Registrant
• 0001140361-24-020784 (filing_id) — Accession Number
• 20240419 (date) — Filing Date
• 20240606 (date) — Meeting Date

FAQ

From the Filing

0001140361-24-020784.txt : 20240419 0001140361-24-020784.hdr.sgml : 20240419 20240419162538 ACCESSION NUMBER: 0001140361-24-020784 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 22 CONFORMED PERIOD OF REPORT: 20240606 FILED AS OF DATE: 20240419 DATE AS OF CHANGE: 20240419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DigitalOcean Holdings, Inc. CENTRAL INDEX KEY: 0001582961 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40252 FILM NUMBER: 24858103 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 DEF 14A 1 ny20022276x1_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.    ) Filed by the Registrant ​ ​ ☒ Filed by a Party other than the Registrant ​ ​   ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material Pursuant to § 240.14a-12 DigitalOcean Holdings, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required.   ☐ Fee paid previously with preliminary materials   ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 TABLE OF CONTENTS   DigitalOcean Holdings, Inc. 101 6 th Avenue New York, New York 10013   NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held On June 6, 2024 To the Stockholders of DigitalOcean Holdings, Inc.: On behalf of our Board of Directors, you are cordially invited to attend the Annual Meeting of Stockholders (the “Annual Meeting”) of DigitalOcean Holdings, Inc., a Delaware corporation. The Annual Meeting will be held on June 6, 2024 at 12:00 p.m. Eastern time. The Annual Meeting will be held virtually through a live webcast at www.virtualshareholdermeeting.com/DOCN2024 . We believe hosting a virtual meeting enables participation by more of our stockholders, while lowering the cost of conducting the meeting. You will not be able to attend the meeting in person. Stockholders attending the virtual meeting will be afforded the same rights and opportunities to participate as they would at an in-person meeting. We encourage you to attend online and participate. The meeting will be held for the following purposes: 1. To elect two Class III directors, Pratima Arora and Warren Jenson, each to hold office until the Annual Meeting of Stockholders in 2027; 2. To ratify the selection by the Audit Committee of the Board of Directors of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024; 3. To approve, on an advisory basis, the compensation of our named executive officers, as disclosed in this Proxy Statement; and 4. To conduct any other business properly brought before the meeting. These items of business are more fully described in the Proxy Statement accompanying this Notice. The record date for the Annual Meeting is April 12, 2024. Only stockholders at the close of business on that date may vote at the meet