Filing Details

Accession Number:
0001562088-22-000089
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-10 16:50:32
Reporting Period:
2022-06-08
Accepted Time:
2022-06-10 16:50:32
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
1869758 C. Stephen Chen C/O Duolingo, Inc.
5900 Penn Avenue
Pittsburgh PA 15206
General Counsel No Yes No No
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 2022-06-08 4,007 $14.42 32,391 No 4 M Direct
Class A Common Stock Disposition 2022-06-08 4,007 $102.12 28,384 No 4 S Direct
Class A Common Stock Acquisiton 2022-06-09 100 $14.42 28,484 No 4 M Direct
Class A Common Stock Disposition 2022-06-09 100 $102.12 28,384 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (Right to Buy) Disposition 2022-06-08 4,007 $0.00 4,007 $14.42
Class A Common Stock Stock Option (Right to Buy) Disposition 2022-06-09 100 $0.00 100 $14.42
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
113,494 2030-03-10 No 4 M Direct
113,394 2030-03-10 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
  2. The price reported in Column 4 is a weighted average price calculated by the broker executing the sales transactions. These shares were sold as part of a block trade in multiple transactions at sales prices ranging from $102.00 to $102.67, and the Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price.
  3. 25% of the shares subject to the option vest on the first anniversary measured from March 2, 2020 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, 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.