4//SEC Filing
Clemens Sara 4
Accession 0001562088-23-000068
CIK 0001562088other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 8:27 PM ET
Size
21.9 KB
Accession
0001562088-23-000068
Insider Transaction Report
Form 4
Duolingo, Inc.DUOL
Clemens Sara
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-03-03$16.27/sh+10,000$162,700→ 23,237 total - Sale
Class A Common Stock
2023-03-03$112.34/sh−400$44,938→ 22,837 total - Sale
Class A Common Stock
2023-03-03$113.20/sh−200$22,640→ 22,637 total - Sale
Class A Common Stock
2023-03-03$116.78/sh−1,500$175,171→ 21,137 total - Sale
Class A Common Stock
2023-03-03$117.98/sh−8,583$1,012,585→ 12,554 total - Sale
Class A Common Stock
2023-03-03$118.93/sh−6,275$746,268→ 6,279 total - Sale
Class A Common Stock
2023-03-03$119.70/sh−3,042$364,123→ 3,237 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-03-03−10,000→ 20,000 totalExercise: $16.27Exp: 2030-06-10→ Class A Common Stock (10,000 underlying)
Footnotes (7)
- [F1]The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- [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 $112.20 to $112.49, 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.
- [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 $116.34 to $117.17, 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.
- [F4]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 $117.35 to $118.33, 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.
- [F5]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 $118.35 to $119.33, 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.
- [F6]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 $119.35 to $120.14, 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.
- [F7]25% of the shares subject to the option vest annually measured from June 10, 2020 (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.
Issuer
Duolingo, Inc.
CIK 0001562088
Entity typeother
Related Parties
1- filerCIK 0001600681
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 8:27 PM ET
- Size
- 21.9 KB