Shelton James H 4
4 · Duolingo, Inc. · Filed Feb 5, 2024
Insider Transaction Report
Form 4
Duolingo, Inc.DUOL
Shelton James H
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-02-01$22.91/sh+10,000$229,100→ 14,253 total - Sale
Class A Common Stock
2024-02-01$176.89/sh−2,463$435,678→ 10,990 total - Sale
Class A Common Stock
2024-02-01$175.66/sh−800$140,528→ 13,453 total - Sale
Class A Common Stock
2024-02-01$178.04/sh−1,498$266,699→ 9,492 total - Sale
Class A Common Stock
2024-02-01$181.24/sh−1,266$229,452→ 4,253 total - Sale
Class A Common Stock
2024-02-01$179.38/sh−1,700$304,939→ 7,792 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-02-01−10,000→ 20,000 totalExercise: $22.91Exp: 2030-09-23→ Class A Common Stock (10,000 underlying) - Sale
Class A Common Stock
2024-02-01$180.18/sh−2,273$409,551→ 5,519 total
Footnotes (8)
- [F1]The sale was 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 $175.28 to $176.04, 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 $176.44 to $177.40, 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 $177.63 to $178.35, 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 $178.74 to $179.69, 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 $179.80 to $180.77, 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]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 $181.05 to $181.47, 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.
- [F8]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.