NewView Capital Fund I, L.P. - Jun 24, 2022 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
10%+ Owner
Signature
NewView Capital Fund I, L.P., by: NewView Capital Partners I, LLC, its general partner, by: /s/ Ravi Viswanathan, Managing Member
Stock symbol
DUOL
Transactions as of
Jun 24, 2022
Transactions value $
$0
Form type
4
Date filed
6/28/2022, 05:01 PM
Previous filing
Mar 25, 2022
Next filing
Jul 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Other $0 -500K -13.37% $0.00 3.24M Jun 24, 2022 See Footnote F1, F2
transaction DUOL Class A Common Stock Other $0 +5.73K $0.00 5.73K Jun 24, 2022 See Footnote F3, F4
transaction DUOL Class A Common Stock Other $0 -5.73K -100% $0.00* 0 Jun 24, 2022 See Footnote F4, F5
transaction DUOL Class A Common Stock Other $0 +1.1K +33.34% $0.00 4.39K Jun 24, 2022 See Footnote F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro-rata, in-kind distribution by NewView Capital Fund I, L.P. ("NewView Fund I") without additional consideration, to its partners. NewView Fund I distributed an aggregate of 494,267 shares to its limited partners on a pro rata basis and 5,733 shares to its general partner, NewView Capital Partners I, LLC ("NewView Partners I").
F2 Shares held by NewView Capital Fund I, L.P. ("NewView Fund I"). NewView Capital Partners I, LLC is the general partner of NewView Fund I. Ravi Viswanathan is the managing member of NewView Capital Partners I, LLC and therefore may be deemed to hold voting and dispositive power over the shares held by NewView Fund I. Such managing member disclaims beneficial ownership of the shares held by NewView Fund I except to the extent of his pecuniary interest therein.
F3 Shares were acquired as part of a pro-rata, in-kind distribution by NewView Capital Fund I, L.P. ("NewView Fund I") without additional consideration, to its partners.
F4 Shares held by NewView Capital Partners I, LLC ("NewView Partners I"). Ravi Viswanathan is the managing member of NewView Partners I and therefore may be deemed to hold voting and dispositive power over the shares held by NewView Partners I. Such managing member disclaims beneficial ownership of the shares held by NewView Partners I except to the extent of his pecuniary interest therein.
F5 Represents a pro-rata, in-kind distribution by NewView Capital Partners I, LLC ("NewView Partners I") without additional consideration, to its members and assignees. NewView Partners I distributed an aggregate of 4,636 shares to its non-managing members and assignees and 1,097 shares to its managing member, Ravi Viswanathan, who holds such shares through MV Holdings 2009 Revocable Trust.
F6 Shares were acquired as part of a pro-rata, in-kind distribution by NewView Capital Partners I, LLC ("NewView Partners I") without additional consideration, to its members and assignees.
F7 Shares held by Ravi Viswanathan through MV Holdings 2009 Revocable Trust.