4//SEC Filing
von Ahn Luis 4
Accession 0001562088-25-000073
CIK 0001562088other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 4:06 PM ET
Size
25.4 KB
Accession
0001562088-25-000073
Insider Transaction Report
Form 4
Duolingo, Inc.DUOL
von Ahn Luis
DirectorPresident & CEO, Co-Founder10% Owner
Transactions
- Sale
Class A Common Stock
2025-04-15$328.72/sh−2,313$760,325→ 600 total - Conversion
Class A Common Stock
2025-04-15$7.48/sh+8,000$59,840→ 8,000 total - Sale
Class A Common Stock
2025-04-15$324.97/sh−505$164,112→ 7,495 total - Sale
Class A Common Stock
2025-04-15$327.77/sh−1,600$524,439→ 2,913 total - Sale
Class A Common Stock
2025-04-15$326.59/sh−1,119$365,457→ 4,513 total - Sale
Class A Common Stock
2025-04-15$330.15/sh−400$132,060→ 200 total - Conversion
Class B Common Stock
2025-04-15−8,000→ 3,155,171 total→ Class A Common Stock (8,000 underlying) - Sale
Class A Common Stock
2025-04-15$325.65/sh−1,863$606,681→ 5,632 total - Sale
Class A Common Stock
2025-04-15$330.89/sh−200$66,179→ 0 total - Conversion
Class B Common Stock
2025-04-15+8,000→ 3,163,171 total→ Class A Common Stock (8,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2025-04-15−8,000→ 0 totalExercise: $7.48Exp: 2029-02-14→ Class B Common Stock (8,000 underlying)
Footnotes (10)
- [F1]The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on September 12, 2024.
- [F10]Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers further described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, and (iii) the death of the Reporting Person.
- [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 $324.22 to $325.19, 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 $325.23 to $326.19, 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 $326.23 to $327.22, 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 $327.29 to $328.28, 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 $328.35 to $329.33, 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 $329.58 to $330.40, 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.
- [F8]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 $330.79 to $331.00, 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.
- [F9]The shares subject to the option are fully vested and exercisable.
Documents
Issuer
Duolingo, Inc.
CIK 0001562088
Entity typeother
Related Parties
1- filerCIK 0001829259
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 4:06 PM ET
- Size
- 25.4 KB