Filing Details

Accession Number:
0001562088-21-000037
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-17 16:51:31
Reporting Period:
2021-11-15
Accepted Time:
2021-11-17 16:51:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1562088 Duolingo Inc. DUOL Services-Prepackaged Software (7372) 453055872
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1870272 Severin Hacker C/O Duolingo, Inc. 5900 Penn Avenue
Pittsburgh PA 15206
Chief Technology Officer, Yes Yes Yes Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-11-15 30,000 $0.00 30,000 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-11-15 2,454 $138.16 27,546 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 1,422 $139.43 26,124 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 3,811 $140.36 22,313 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 1,579 $141.30 20,734 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 314 $142.68 20,420 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 400 $143.47 20,020 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 5,729 $145.22 14,291 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 7,471 $146.18 6,820 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 2,225 $147.10 4,595 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 2,870 $148.04 1,725 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 600 $149.31 1,125 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 900 $150.09 225 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-15 225 $151.01 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2021-11-15 30,000 $0.00 30,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,377,417 No 4 C Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 15,500 15,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
15,500 15,500 Direct
Footnotes
  1. Shares held by SBH Trust dated March 10, 2020, of which Reporting Person is Trustee.
  2. The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
  3. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $137.86 to $138.77, 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.
  4. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $138.95 to $139.91, 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.
  5. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $140.00 to $140.98, 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.
  6. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $141.00 to $141.67, 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.
  7. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $142.06 to $143.03, 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.
  8. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $143.08 to $143.85, 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.
  9. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $144.69 to $145.63, 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.
  10. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $145.69 to $146.68, 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.
  11. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $146.70 to $147.52, 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.
  12. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $147.70 to $148.49, 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.
  13. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $148.99 to $149.90, 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.
  14. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $149.99 to $150.70, 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.
  15. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $151.00 to $151.05, 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.
  16. 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.