Clemens Sara 4
4 · Duolingo, Inc. · Filed Jun 18, 2024
Insider Transaction Report
Form 4
Duolingo, Inc.DUOL
Clemens Sara
Director
Transactions
- Sale
Class A Common Stock
2024-06-14$200.07/sh−8,000$1,600,578→ 5,575 total - Sale
Class A Common Stock
2024-06-14$201.14/sh−2,000$402,279→ 3,575 total - Exercise/Conversion
Class A Common Stock
2024-06-14$16.27/sh+10,000$162,700→ 13,575 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-06-14−10,000→ 0 totalExercise: $16.27Exp: 2030-06-10→ Class A Common Stock (10,000 underlying)
Footnotes (4)
- [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, 2024.
- [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 $200.00 to $200.65, 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 $201.00 to $201.16, 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 shares subject to the option are fully vested and exercisable.