4//SEC Filing
Clemens Sara 4
Accession 0001562088-23-000136
CIK 0001562088other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 5:04 PM ET
Size
16.8 KB
Accession
0001562088-23-000136
Insider Transaction Report
Form 4
Duolingo, Inc.DUOL
Clemens Sara
Director
Transactions
- Sale
Class A Common Stock
2023-06-12$156.71/sh−3,507$549,580→ 3,930 total - Exercise/Conversion
Class A Common Stock
2023-06-12$16.27/sh+10,000$162,700→ 13,237 total - Sale
Class A Common Stock
2023-06-12$155.63/sh−1,542$239,984→ 7,437 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-06-12−10,000→ 10,000 totalExercise: $16.27Exp: 2030-06-10→ Class A Common Stock (10,000 underlying) - Sale
Class A Common Stock
2023-06-12$153.51/sh−900$138,162→ 12,337 total - Sale
Class A Common Stock
2023-06-12$154.59/sh−3,358$519,104→ 8,979 total - Sale
Class A Common Stock
2023-06-12$157.55/sh−2,266$357,007→ 1,664 total
Footnotes (7)
- [F1]The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on December 13, 2022.
- [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 $153.06 to $154.03, 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 $154.08 to $155.07, 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 $155.08 to $156.06, 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 $156.18 to $157.17, 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.
- [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 $157.18 to $158.14, 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.
Documents
Issuer
Duolingo, Inc.
CIK 0001562088
Entity typeother
Related Parties
1- filerCIK 0001600681
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 5:04 PM ET
- Size
- 16.8 KB