Form 4 for DUOL Duolingo, Inc.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-02 · accession 0001562088-23-000064 · 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 | 2023-03-03 | 2023-03-02 | DUOL | Glance Natalie | Chief Engineering Off | M - OptEx | $11.70 | +27.0K | 136.9K | +25% | +$316.0K |
| DM | 2023-03-03 | 2023-03-02 | DUOL | Glance Natalie | Chief Engineering Off | S - Sale+OE | $118.34 | -27.0K | 134.2K | -17% | -$3.20M |
| DM | 2023-03-03 | 2023-03-02 | DUOL | Glance Natalie | Chief Engineering Off | M - OptEx | $0.00 | -27.0K | 4,919 | -85% | $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 | 2023-03-02 | M | A | 15,591 | $14.42 | 161,198 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-03-02 | S | D | 25,557 | $118.30 | 135,641 | D | — | — | (F2) The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $118.00 to $118.99, 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. |
| 3 | Common | Class A Common Stock | 2023-03-02 | M | A | 8,751 | $8.15 | 145,607 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-03-02 | M | A | 2,658 | $7.48 | 136,856 | D | — | — | |
| 5 | Common | Class A Common Stock | 2023-03-02 | S | D | 1,443 | $119.07 | 134,198 | D | — | — | (F3) The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $119.00 to $119.16, 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. |
| 6 | Derivative | Stock Option (Right to Buy) | 2023-03-02 | M | D | 15,591 | $0.00 | 14,379 | D | $14.42 · — to 2030-03-10 | 15,591 Class A Common Stock | (F4) The shares subject to the option are fully vested and exercisable. |
| 7 | Derivative | Stock Option (Right to Buy) | 2023-03-02 | M | D | 8,751 | $0.00 | 5,249 | D | $8.15 · — to 2029-09-25 | 8,751 Class A Common Stock | (F4) The shares subject to the option are fully vested and exercisable. |
| 8 | Derivative | Stock Option (Right to Buy) | 2023-03-02 | M | D | 2,658 | $0.00 | 4,919 | D | $7.48 · — to 2029-06-27 | 2,658 Class A Common Stock | (F4) The shares subject to the option are fully vested and exercisable. |