Form 4 for DUOL Duolingo, Inc.
Accepted 2022-02-16 00:00:00 ET · period of report 2022-02-09 · accession 0001209191-22-010478 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-02-16 | 2022-02-09 | DUOL | NewView Capital Partners I, LLC | 10% | C - Cnv Deriv | — | +5.24M | 5.24M | New | — |
| DI | 2022-02-16 | 2022-02-09 | DUOL | NewView Capital Partners I, LLC | 10% | C - Cnv Deriv | — | -5.24M | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-02-09 | C | A | 5,239,835 | — | 5,239,835 | I See Footnote | — | — | (F1) Each share of Class B Common Stock was converted into one share of Class A Common Stock at the election of the Reporting Person for no consideration. (F2) Shares held by NewView Capital Fund I, L.P. ("NewView Fund I"). NewView Capital Partners I, LLC is the general partner of NewView Fund I. Ravi Viswanathan is the managing member of NewView Capital Partners I, LLC and therefore may be deemed to hold voting and dispositive power over the shares held by NewView Fund I. Such managing member disclaims beneficial ownership of the shares held by NewView Fund I except to the extent of his pecuniary interest therein. |
| 2 | Derivative | Class B Common Stock | 2022-02-09 | C | D | 5,239,835 | — | 0 | I See Footnote | — · — to — | 5,239,835 Class A Common Stock | (F1) Each share of Class B Common Stock was converted into one share of Class A Common Stock at the election of the Reporting Person for no consideration. (F2) Shares held by NewView Capital Fund I, L.P. ("NewView Fund I"). NewView Capital Partners I, LLC is the general partner of NewView Fund I. Ravi Viswanathan is the managing member of NewView Capital Partners I, LLC and therefore may be deemed to hold voting and dispositive power over the shares held by NewView Fund I. Such managing member disclaims beneficial ownership of the shares held by NewView Fund I except to the extent of his pecuniary interest therein. (F3) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the election of the Reporting Person for no consideration and has no expiration date. |