4//SEC Filing
Shelton James H 4
Accession 0001562088-23-000143
CIK 0001562088other
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 4:17 PM ET
Size
14.8 KB
Accession
0001562088-23-000143
Insider Transaction Report
Form 4
Duolingo, Inc.DUOL
Shelton James H
Director
Transactions
- Sale
Class A Common Stock
2023-06-14$151.63/sh−1,900$288,099→ 11,337 total - Sale
Class A Common Stock
2023-06-14$153.75/sh−3,200$492,010→ 5,733 total - Sale
Class A Common Stock
2023-06-14$154.64/sh−2,496$385,989→ 3,237 total - Sale
Class A Common Stock
2023-06-14$152.71/sh−2,404$367,118→ 8,933 total - Exercise/Conversion
Class A Common Stock
2023-06-14$22.91/sh+10,000$229,100→ 13,237 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-06-14−10,000→ 30,000 totalExercise: $22.91Exp: 2030-09-23→ Class A Common Stock (10,000 underlying)
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on March 15, 2023.
- [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 $151.01 to $152.00, 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 $152.14 to $153.13, 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 $153.26 to $154.24, 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 $154.29 to $154.94, 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]25% of the shares subject to the option vest annually measured from September 2, 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 0001342646
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 4:17 PM ET
- Size
- 14.8 KB