Clemens Sara 4
4 · Duolingo, Inc. · Filed Jun 13, 2023
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.