Filing Details
- Accession Number:
- 0001562088-23-000064
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-03 16:19:51
- Reporting Period:
- 2023-03-02
- Accepted Time:
- 2023-03-03 16:19:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1870350 | Natalie Glance | C/O Duolingo, Inc. 5900 Penn Avenue Pittsburgh PA 15206 | Chief Engineering Officer | 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 | 2023-03-02 | 2,658 | $7.48 | 136,856 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2023-03-02 | 8,751 | $8.15 | 145,607 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2023-03-02 | 15,591 | $14.42 | 161,198 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-03-02 | 25,557 | $118.30 | 135,641 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-03-02 | 1,443 | $119.07 | 134,198 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 | 2023-03-02 | 2,658 | $0.00 | 2,658 | $7.48 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-02 | 8,751 | $0.00 | 8,751 | $8.15 |
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-03-02 | 15,591 | $0.00 | 15,591 | $14.42 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,919 | 2029-06-27 | No | 4 | M | Direct | |
| 5,249 | 2029-09-25 | No | 4 | M | Direct | |
| 14,379 | 2030-03-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 130 | Indirect | By son |
Footnotes
- The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- 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 $118.00 to $118.99, 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.
- 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 $119.00 to $119.16, 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.
- The shares subject to the option are fully vested and exercisable.
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