4//SEC Filing
CapitalG 2015 GP LLC 4
Accession 0000929638-22-001155
CIK 0001562088other
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 4:15 PM ET
Size
23.3 KB
Accession
0000929638-22-001155
Insider Transaction Report
Form 4
Duolingo, Inc.DUOL
CapitalG 2014 LP
10% Owner
Transactions
- Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying) - Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote)
Holdings
- 65,689(indirect: See Footnote)
Class A Common Stock
- 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock
CapitalG II GP LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote) - Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying)
Holdings
- 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 65,689(indirect: See Footnote)
Class A Common Stock
Alphabet Inc.
10% Owner
Transactions
- Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote) - Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying)
Holdings
- 65,689(indirect: See Footnote)
Class A Common Stock
- 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock
CapitalG 2015 LP
10% Owner
Transactions
- Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying) - Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote)
Holdings
- 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 65,689(indirect: See Footnote)
Class A Common Stock
- 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock
CapitalG 2014 GP LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote) - Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying)
Holdings
- 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 65,689(indirect: See Footnote)
Class A Common Stock
- 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock
CapitalG 2015 GP LLC
10% Owner
Transactions
- Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying) - Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote)
Holdings
- 65,689(indirect: See Footnote)
Class A Common Stock
- 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock
Alphabet Holdings LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote) - Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying)
Holdings
- 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 65,689(indirect: See Footnote)
Class A Common Stock
- 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock
CapitalG II LP
10% Owner
Transactions
- Conversion
Class A Common Stock
2022-07-13+500,000→ 578,755 total(indirect: See Footnote) - Conversion
Class B Common Stock
2022-07-13−500,000→ 445,920 total(indirect: See Footnote)→ Class A Common Stock (500,000 underlying)
Holdings
- 789,001(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock - 65,689(indirect: See Footnote)
Class A Common Stock
- 758,146(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock
Footnotes (6)
- [F1]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers further described in the Issuer's amended and restated certificate of incorporation and (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding.
- [F2]Shares held by CapitalG 2014 LP. CapitalG 2014 GP LLC, the general partner of CapitalG 2014 LP, Alphabet Holdings LLC, the managing member of CapitalG 2014 GP LLC, XXVI Holdings Inc., the managing member of Alphabet Holdings LLC, and Alphabet Inc., the controlling stockholder of XXVI Holdings Inc., may each be deemed to have sole voting and dispositive power with respect to the shares held directly by CapitalG 2014 LP.
- [F3]Each of CapitalG 2014 GP LLC, CapitalG 2015 GP LLC, CapitalG II GP LLC, Alphabet Holdings LLC, XXVI Holdings Inc., and Alphabet Inc. disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
- [F4]Shares held by CapitalG 2015 LP. CapitalG 2015 GP LLC, the general partner of CapitalG 2015 LP, Alphabet Holdings LLC, the managing member of CapitalG 2015 GP LLC, XXVI Holdings Inc., the managing member of Alphabet Holdings LLC, and Alphabet Inc., the controlling stockholder of XXVI Holdings Inc., may each be deemed to have sole voting and dispositive power with respect to the shares held directly by CapitalG 2015 LP.
- [F5]Shares held by CapitalG II LP. CapitalG II GP LLC, the general partner of CapitalG II LP, Alphabet Holdings LLC, the managing member of CapitalG II GP LLC, XXVI Holdings Inc., the managing member of Alphabet Holdings LLC, and Alphabet Inc., the controlling stockholder of XXVI Holdings Inc., may each be deemed to have sole voting and dispositive power with respect to the shares held directly by CapitalG II LP.
- [F6]No transaction is being reported. The holding of such shares by the reporting person was previously reported.
Documents
Issuer
Duolingo, Inc.
CIK 0001562088
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001779431
Filing Metadata
- Form type
- 4
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 4:15 PM ET
- Size
- 23.3 KB