Tony Xu - Feb 21, 2023 Form 4 Insider Report for DoorDash, Inc. (DASH)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Brendan Brown, Attorney-in-fact
Stock symbol
DASH
Transactions as of
Feb 21, 2023
Transactions value $
-$7,769,558
Form type
4
Date filed
2/23/2023, 03:15 PM
Previous filing
Feb 17, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Options Exercise $26.5K +132K $0.20* 132K Feb 21, 2023 Direct F1
transaction DASH Class A Common Stock Sale -$2.84M -48.9K -36.96% $57.99 83.4K Feb 21, 2023 Direct F2, F3
transaction DASH Class A Common Stock Sale -$1.68M -28.6K -34.28% $58.80 54.8K Feb 21, 2023 Direct F2, F4
transaction DASH Class A Common Stock Sale -$2.95M -49.4K -90.07% $59.76 5.44K Feb 21, 2023 Direct F2, F5
transaction DASH Class A Common Stock Sale -$329K -5.44K -100% $60.42 0 Feb 21, 2023 Direct F2, 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 -132K -5.88% $0.00 2.12M Feb 21, 2023 Class A Common Stock 132K $0.20 Direct F1, F7
holding DASH Class B Common Stock 2.14M Feb 21, 2023 Class A Common Stock 2.14M Direct F8, F9
holding DASH Class B Common Stock 2.88M Feb 21, 2023 Class A Common Stock 2.88M See footnote F8, F9, F10
holding DASH Class B Common Stock 2.88M Feb 21, 2023 Class A Common Stock 2.88M See footnote F8, F9, F11
holding DASH Class B Common Stock 1.72M Feb 21, 2023 Class A Common Stock 1.72M See footnote F8, F9, F12
holding DASH Class B Common Stock 305K Feb 21, 2023 Class A Common Stock 305K See footnote F8, F13
holding DASH Class B Common Stock 305K Feb 21, 2023 Class A Common Stock 305K See footnote F8, F14
holding DASH Class B Common Stock 28.9K Feb 21, 2023 Class A Common Stock 28.9K See footnote F8, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Relates to the exercise of an option to purchase shares of the Issuer's Class A common stock pursuant to a Rule 10b5-1 trading plan in advance of such option's expiration on June 25, 2024.
F2 The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $57.28 to $58.27 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 $58.28 to $59.27 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 $59.28 to $60.27 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 $60.28 to $60.75 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 The shares underlying the option are fully vested and immediately exercisable.
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 Reflects an aggregate of 1,132,680 shares previously reported as indirectly owned through The Article 2 Trust under TXX Annuity Trust #1, The Article 2 Trust under TXX Annuity Trust #2 and The Article 2 Trust under TXX Annuity Trust #3 (collectively, the "TXX GRATs") and subsequently distributed to the Reporting Person in accordance with the terms of the TXX GRATs.
F10 The shares are held by The Article 2 Trust under TXX Annuity Trust #1 for which the reporting person serves as a trustee.
F11 The shares are held by The Article 2 Trust under TXX Annuity Trust #2 for which the reporting person serves as a trustee.
F12 The shares are held by The Article 2 Trust under TXX Annuity Trust #3 for which the reporting person serves as a trustee.
F13 The shares are held by The Article 3 Trust under OBX Family Trust for which the reporting person serves as a trustee.
F14 The shares are held by The Article 3 Trust under TBX Family Trust for which the reporting person serves as a trustee.
F15 The shares are held by The Article 4 Trust under Library Trust for which the reporting person's spouse serves as a trustee.