Stanley Tang - 18 Jan 2023 Form 4 Insider Report for DoorDash, Inc. (DASH)

Role
Director
Signature
/s/ Brendan Brown, Attorney-in-fact
Issuer symbol
DASH
Transactions as of
18 Jan 2023
Net transactions value
$0
Form type
4
Filing time
20 Jan 2023, 15:09:36 UTC
Previous filing
22 Nov 2022
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Other $0 +2,289 +7.3% $0.000000 33,506 18 Jan 2023 Direct F1, F2

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 Class B Common Stock Other $0 -2,289 -2.3% $0.000000 98,048 18 Jan 2023 Class A Common Stock 2,289 Direct F1, F3
holding DASH Class B Common Stock 3,792,984 18 Jan 2023 Class A Common Stock 3,792,984 See footnote F3, F4
holding DASH Class B Common Stock 3,484,842 18 Jan 2023 Class A Common Stock 3,484,842 See footnote F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On each of February 24, 2022, May 24, 2022, August 24, 2022, and November 21, 2022, following the vesting of restricted stock units ("RSUs"), the Reporting Person exchanged shares of Class A Common Stock for Class B Common Stock on a 1:1 basis. Subsequently, it was determined that certain of the shares of Class A Common Stock were not eligible for exchange. Accordingly, on January 18, 2023, the exchanges were unwound with respect to a total of 2,289 shares of Class B Common Stock resulting in 2,289 shares of Class B Common Stock returning to the Issuer and 2,289 shares of Class A Common Stock returning to the Reporting Person.
F2 Certain of these securities are represented by RSUs.
F3 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.
F4 The shares are held by The 2020 ST Grantor Retained Annuity Trust UTA dated 9/10/2020 for which the Reporting Person serves as trustee.
F5 The shares are held directly by The ST Trust under agreement dated October 2, 2019 for which the Reporting Person serves as trustee.