Form 4 for DUOL Duolingo, Inc.
Accepted 2021-11-18 00:00:00 ET · period of report 2021-11-16 · accession 0001562088-21-000040 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-18 | 2021-11-16 | DUOL | Glance Natalie | SVP, Engineering | M - OptEx | $4.87 | +19.5K | 75.0K | +35% | +$94.8K |
| DM | 2021-11-18 | 2021-11-16 | DUOL | Glance Natalie | SVP, Engineering | S - Sale+OE | $138.75 | -19.5K | 74.0K | -21% | -$2.70M |
| DM | 2021-11-18 | 2021-11-16 | DUOL | Glance Natalie | SVP, Engineering | M - OptEx | $0.00 | -19.5K | 83.2K | -19% | $0 |
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 | 2021-11-16 | M | A | 130 | $7.11 | 93,486 | D | — | — | (F1) Includes 21,875 restricted stock units. |
| 2 | Common | Class A Common Stock | 2021-11-16 | M | A | 18,333 | $5.00 | 93,356 | D | — | — | (F1) Includes 21,875 restricted stock units. |
| 3 | Common | Class A Common Stock | 2021-11-16 | M | A | 995 | $2.23 | 75,023 | D | — | — | (F1) Includes 21,875 restricted stock units. |
| 4 | Common | Class A Common Stock | 2021-11-16 | S | D | 2,765 | $135.75 | 90,721 | D | — | — | (F3) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $135.19 to $136.18, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. (F1) Includes 21,875 restricted stock units. |
| 5 | Common | Class A Common Stock | 2021-11-16 | S | D | 1,921 | $136.50 | 88,800 | D | — | — | (F4) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $136.19 to $137.02, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. (F1) Includes 21,875 restricted stock units. |
| 6 | Common | Class A Common Stock | 2021-11-16 | S | D | 951 | $138.25 | 87,849 | D | — | — | (F5) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $137.59 to $138.54, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. (F1) Includes 21,875 restricted stock units. |
| 7 | Common | Class A Common Stock | 2021-11-16 | S | D | 6,355 | $139.16 | 81,494 | D | — | — | (F6) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $138.62 to $139.61, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. (F1) Includes 21,875 restricted stock units. |
| 8 | Common | Class A Common Stock | 2021-11-16 | S | D | 6,378 | $140.03 | 75,116 | D | — | — | (F7) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $139.63 to $140.62, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. (F1) Includes 21,875 restricted stock units. |
| 9 | Common | Class A Common Stock | 2021-11-16 | S | D | 1,000 | $140.79 | 74,116 | D | — | — | (F8) The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $140.63 to $141.09, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. (F1) Includes 21,875 restricted stock units. |
| 10 | Common | Class A Common Stock | 2021-11-16 | S | D | 88 | $141.65 | 74,028 | D | — | — | (F1) Includes 21,875 restricted stock units. |
| 11 | Derivative | Stock Option (Right to Buy) | 2021-11-16 | M | D | 130 | $0.00 | 23,870 | D | $7.11 · — to 2028-04-20 | 130 Class A Common Stock | (F10) 1/48th of the shares subject to the option vest on each monthly anniversary measured from February 27, 2018 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date. |
| 12 | Derivative | Stock Option (Right to Buy) | 2021-11-16 | M | D | 18,333 | $0.00 | 21,334 | D | $5.00 · — to 2027-04-07 | 18,333 Class A Common Stock | (F9) The shares subject to the option are fully vested and exercisable. |
| 13 | Derivative | Stock Option (Right to Buy) | 2021-11-16 | M | D | 995 | $0.00 | 83,196 | D | $2.23 · — to 2025-02-27 | 995 Class A Common Stock | (F9) The shares subject to the option are fully vested and exercisable. |