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
- The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- 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.
- 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.