Andy Fang - 20 Aug 2021 Form 4 Insider Report for DoorDash, Inc. (DASH)

Role
Director
Signature
/s/ Tia Sherringham, Attorney-in-fact
Issuer symbol
DASH
Transactions as of
20 Aug 2021
Net transactions value
-$932,432
Form type
4
Filing time
24 Aug 2021, 21:13:00 UTC
Previous filing
18 Aug 2021
Next filing
20 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Options Exercise $260,051 +36,320 +38% $7.16* 132,795 20 Aug 2021 Direct F1
transaction DASH Class A Common Stock Other $0 -36,320 -27% $0.000000 96,475 20 Aug 2021 Direct F1, F2
transaction DASH Class A Common Stock Sale $366,178 -2,000 -2.1% $183.09 94,475 20 Aug 2021 Direct F1, F3
transaction DASH Class A Common Stock Sale $570,397 -3,100 -3.3% $184.00 91,375 20 Aug 2021 Direct F1, F4
transaction DASH Class A Common Stock Sale $221,881 -1,200 -1.3% $184.90 90,175 20 Aug 2021 Direct F1, F5
transaction DASH Class A Common Stock Sale $34,027 -183 -0.2% $185.94 89,992 20 Aug 2021 Direct F1, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DASH Employee Stock Option (right to buy) Options Exercise $0 -36,320 -20% $0.000000 143,105 20 Aug 2021 Class A Common Stock 36,320 $7.16 Direct F7
transaction DASH Class B Common Stock Other $0 +36,320 +57% $0.000000 100,468 20 Aug 2021 Class A Common Stock 36,320 Direct F2, F8
holding DASH Class B Common Stock 494,524 20 Aug 2021 Class A Common Stock 494,524 See footnote F8, F9
holding DASH Class B Common Stock 3,737,500 20 Aug 2021 Class A Common Stock 3,737,500 See footnote F8, F10
holding DASH Class B Common Stock 5,941,878 20 Aug 2021 Class A Common Stock 5,941,878 See footnote F8, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain of the shares are represented by restricted stock units.
F2 Shares of Class A Common Stock issued following the exercise of stock options were exchanged at a 1:1 ratio for a share of Class B Common Stock at the election of the Reporting Person.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $182.60 to $183.58 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $183.60 to $184.57 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F5 This sale price represents the weighted average sale price of the shares sold ranging from $184.59 to $185.00 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F6 This sale price represents the weighted average sale price of the shares sold ranging from $185.66 to $186.48 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F7 One-fourth of the shares underlying the option vested on October 1, 2019 and 1/48th of the shares vest monthly thereafter.
F8 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F9 The shares are held by The 2019 Fang Grantor Retained Annuity Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
F10 The shares are held by The 2020 Fang Grantor Retained Annuity Trust UTA dated 6/1/2020 for which the Reporting Person serves as the trustee.
F11 The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.