Form 4 for DUOL Duolingo, Inc.
Accepted 2022-02-17 00:00:00 ET · period of report 2022-02-15 · accession 0001562088-22-000012 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-17 | 2022-02-15 | DUOL | Skaruppa Matthew | CFO | M - OptEx | $14.42 | +600 | 22.0K | +3% | +$8,652 |
| DM | 2022-02-17 | 2022-02-15 | DUOL | Skaruppa Matthew | CFO | S - Sale+OE | $100.29 | -1,059 | 21.4K | -5% | -$106.2K |
| D | 2022-02-17 | 2022-02-15 | DUOL | Skaruppa Matthew | CFO | M - OptEx | $0.00 | -600 | 290.7K | -0.2% | $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 | 2022-02-15 | M | A | 600 | $14.42 | 22,016 | D | — | — | (F2) Includes 20,313 RSUs. |
| 2 | Common | Class A Common Stock | 2022-02-15 | S | D | 459 | $98.01 | 21,416 | D | — | — | (F2) Includes 20,313 RSUs. |
| 3 | Common | Class A Common Stock | 2022-02-15 | S | D | 600 | $102.04 | 21,416 | 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 $102.00 to $102.16, 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. (F2) Includes 20,313 RSUs. |
| 4 | Derivative | Stock Option (Right to Buy) | 2022-02-15 | M | D | 600 | $0.00 | 290,679 | D | $14.42 · — to 2030-03-10 | 600 Class A Common Stock | (F5) 25% of the shares subject to the option vest on the first anniversary measured from February 24, 2020 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, 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. |