Durable Capital Partners LP - Feb 18, 2022 Form 4/A - Amendment Insider Report for Duolingo, Inc. (DUOL)

Role: 10%+ Owner
Signature: Durable Capital Partners LP By: Julie Jack, its Authorized Person
Stock symbol: DUOL
Transactions as of: Feb 18, 2022
Transactions value $: $9,814,136
Form type: 4/A - Amendment
Date filed: 3/9/2022, 01:01 PM
Date Of Original Report: Feb 23, 2022
Previous filing: Feb 17, 2022
Next filing: Feb 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DUOL	Class A Common Stock	Purchase	$1.81M	+20K	+0.8%	$90.27	2.51M	Feb 18, 2022	See footnote 2	F1, F2
transaction	DUOL	Class A Common Stock	Purchase	$872K	+9.63K	+0.38%	$90.55	2.52M	Feb 18, 2022	See footnote 2	F1, F2
transaction	DUOL	Class A Common Stock	Purchase	$1.77M	+20K	+0.79%	$88.39	2.54M	Feb 22, 2022	See footnote 2	F1, F2
transaction	DUOL	Class A Common Stock	Purchase	$1.92M	+22.4K	+0.88%	$85.75	2.56M	Feb 22, 2022	See footnote 2	F1, F2
transaction	DUOL	Class A Common Stock	Purchase	$3.44M	+40K	+1.56%	$86.12	2.6M	Feb 22, 2022	See footnote 2	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The original Form 4, filed on February 23, 2022, is being amended by this Form 4 amendment to correct an administrative error, which included 414,981 shares of Class B Common Stock (which was previously reported in the Reported Person's Form 3 filed on January 3, 2022) in the the number of Class A Common Stock in column 5 of Table I. This Form 4/A also amends the number of shares of Class A Common Stock reported in column 5 of Table I in the prior Form 4s filed by the Reported Person on January 26, 2022, January 28, 2022, February 1, 2022, February 3, 2022, February 7, 2022 and February 9, 2022, respectively.
F2	The securities are held directly by Durable Capital Master Fund LP ("Durable Capital Master Fund"). Durable Capital Partners LP ("Durable Capital") acts as the investment adviser to Durable Capital Master Fund and has sole voting power and sole investment power over the securities reported on this Form 4. Durable Capital Partners GP LLC ("Durable GP") is the general partner of Durable Capital, and Henry Ellenbogen is the chief investment officer of Durable Capital and the managing member of Durable GP. Each of Durable Capital Master Fund, Durable Capital, Durable GP and Mr. Ellenbogen disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein.

Content

The original Form 4, filed on February 23, 2022, is being amended by this Form 4 amendment to correct an administrative error, which included 414,981 shares of Class B Common Stock (which was previously reported in the Reported Person's Form 3 filed on January 3, 2022) in the the number of Class A Common Stock in column 5 of Table I. This Form 4/A also amends the number of shares of Class A Common Stock reported in column 5 of Table I in the prior Form 4s filed by the Reported Person on January 26, 2022, January 28, 2022, February 1, 2022, February 3, 2022, February 7, 2022 and February 9, 2022, respectively.

The securities are held directly by Durable Capital Master Fund LP ("Durable Capital Master Fund"). Durable Capital Partners LP ("Durable Capital") acts as the investment adviser to Durable Capital Master Fund and has sole voting power and sole investment power over the securities reported on this Form 4. Durable Capital Partners GP LLC ("Durable GP") is the general partner of Durable Capital, and Henry Ellenbogen is the chief investment officer of Durable Capital and the managing member of Durable GP. Each of Durable Capital Master Fund, Durable Capital, Durable GP and Mr. Ellenbogen disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein.