Filing Details
- Accession Number:
- 0000950170-25-019880
- Form Type:
- 13G Filing
- Publication Date:
- 2025-02-12 19:00:00
- Filed By:
- Tony Xu
- Company:
- Doordash Inc. (NYSE:DASH)
- Filing Date:
- 2025-02-13
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Beneficially Owned Number of Shares | Beneficially Owned Number of Aggregate Shares | Percent of Class |
|---|---|---|---|
| Tony Xu | 0 | 27,646,692 | 6.6% |
Filing
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 3)
|
DoorDash, Inc. (Name of Issuer) |
Class A Common Stock, par value $0.00001 per share (Title of Class of Securities) |
25809K105 (CUSIP Number) |
12/31/2024 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
|
| Rule 13d-1(c)
|
 Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 25809K105 |
| 1 | Names of Reporting Persons
Tony Xu | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
27,646,692.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
6.6 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
DoorDash, Inc. | |
| (b) | Address of issuer's principal executive offices:
303 2nd Street, South Tower, 8th Floor, San Francisco, California 94107 | |
| Item 2. | ||
| (a) | Name of person filing:
Tony Xu | |
| (b) | Address or principal business office or, if none, residence:
c/o DoorDash, Inc.
303 2nd Street, South Tower, 8th Floor
San Francisco, California 94107 | |
| (c) | Citizenship:
Tony Xu is a United States citizen. | |
| (d) | Title of class of securities:
Class A Common Stock, par value $0.00001 per share | |
| (e) | CUSIP No.:
25809K105 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
| |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
| |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
| |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
| |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
| |
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
| |
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
| |
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
| |
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
| |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
| |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
As of December 31, 2024, (i) 1,500 shares of Class A Common Stock were held by Mr. Xu, (ii) 3,238,536 shares of Class B Common Stock were held by Mr. Xu, (iii) 305,425 shares of Class B Common Stock were held by Mr. Xu as Trustee of Article 3 Trust Under OBX Family Trust, (iv) 305,425 shares of Class B Common Stock were held by Mr. Xu as Trustee of Article 3 Trust Under TBX Family Trust, (v) 288,650 shares of Class B Common Stock were held by Mr. Xu as Trustee of Article 4 Trust Under Library Trust, (vi) 2,113,302 shares of Class B Common Stock were held by Mr. Xu as Trustee of Article 3 Trust Under TXX Annuity Trust #2, (vii) 1,643,690 shares of Class B Common Stock were held by Mr. Xu as Trustee of Article 2 Trust Under TXX Annuity Trust #3, (viii) 1,744,157 shares of Class B Common Stock were held by Mr. Xu as Trustee of Article 3 Trust Under TXX Annuity Trust #1, and (ix) 1,752,484 shares of Class B Common Stock were subject to stock options held by Mr. Xu and exercisable within 60 days of December 31, 2024.
In addition, Mr. Xu had voting power over (i) 16,221,883 shares of Class B Common Stock and (ii) 31,640 shares of Class B Common Stock that certain other stockholders of the Issuer have the right to acquire in connection with the exercise of stock options or the vesting of restricted stock units within 60 days of December 31, 2024, and over which, under all but certain limited circumstances, Mr. Xu holds an irrevocable proxy, pursuant to a voting agreement between Mr. Xu and such stockholders (the "voting agreement").
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. Each share of Class B Common Stock is entitled to 20 votes per share, whereas each share of Class A Common Stock is entitled to one vote per share. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to the aforementioned conversion rights and voting rights.
| |
| (b) | Percent of class:
6.6
The ownership percentage above is calculated based on 395,600,551 shares of Class A Common Stock outstanding as of December 31, 2024, as confirmed to Mr. Xu by the Issuer, which number includes shares, subject to stock options and restricted stock units, beneficially held by Mr. Xu and exercisable within 60 days of December 31, 2024, plus the assumed conversion of 25,861,068 shares of Class B Common Stock deemed beneficially owned by Mr. Xu, as described herein, into shares of Class A Common Stock. For purposes hereof, shares reported as beneficially owned by Mr. Xu include shares held by certain other stockholders of the Issuer or which such other stockholders have the right to acquire within 60 days of December 31, 2024, over which, under all but certain limited circumstances, Mr. Xu holds an irrevocable proxy pursuant to the voting agreement. | |
| (c) | Number of shares as to which the person has:
| |
| (i) Sole power to vote or to direct the vote:
27,646,692 | ||
| (ii) Shared power to vote or to direct the vote:
0 | ||
| (iii) Sole power to dispose or to direct the disposition of:
11,393,169 | ||
| (iv) Shared power to dispose or to direct the disposition of:
0 | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
| ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
| ||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
| ||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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