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

Role
Director
Signature
/s/ Brendan Brown, Attorney-in-fact
Issuer symbol
DASH
Transactions as of
21 Feb 2023
Net transactions value
-$7,904,166
Form type
4
Filing time
23 Feb 2023, 15:16:13 UTC
Previous filing
20 Jan 2023
Next filing
08 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Options Exercise $13,400 +67,000 +168% $0.2000* 106,766 21 Feb 2023 Direct F1, F2
transaction DASH Class A Common Stock Sale $1,416,408 -24,436 -23% $57.96 82,330 21 Feb 2023 Direct F2, F3, F4
transaction DASH Class A Common Stock Sale $810,056 -13,799 -17% $58.70 68,531 21 Feb 2023 Direct F2, F3, F5
transaction DASH Class A Common Stock Sale $1,545,201 -25,865 -38% $59.74 42,666 21 Feb 2023 Direct F2, F3, F6
transaction DASH Class A Common Stock Sale $175,172 -2,900 -6.8% $60.40 39,766 21 Feb 2023 Direct F2, F3, F7
transaction DASH Class A Common Stock Sale $77,066 -1,324 -3.3% $58.21 38,442 21 Feb 2023 Direct F2, F8, F9
transaction DASH Class A Common Stock Sale $17,745 -300 -0.78% $59.15 38,142 21 Feb 2023 Direct F2, F8, F10
transaction DASH Class A Common Stock Options Exercise $13,400 +67,000 +176% $0.2000* 105,142 22 Feb 2023 Direct F1, F2
transaction DASH Class A Common Stock Sale $1,987,245 -34,568 -33% $57.49 70,574 22 Feb 2023 Direct F2, F3, F11
transaction DASH Class A Common Stock Sale $1,551,140 -26,532 -38% $58.46 44,042 22 Feb 2023 Direct F2, F3, F12
transaction DASH Class A Common Stock Sale $350,932 -5,900 -13% $59.48 38,142 22 Feb 2023 Direct F2, F3, F13
transaction DASH Class A Common Stock Other $0 -935 -2.5% $0.000000 37,207 23 Feb 2023 Direct F2, F14

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 Stock Option (right to buy) Options Exercise $0 -67,000 -3.3% $0.000000 1,941,390 21 Feb 2023 Class A Common Stock 67,000 $0.2000 Direct F1, F15
transaction DASH Stock Option (right to buy) Options Exercise $0 -67,000 -3.5% $0.000000 1,874,390 22 Feb 2023 Class A Common Stock 67,000 $0.2000 Direct F1, F15
transaction DASH Class B Common Stock Other $0 +935 +0.58% $0.000000 161,439 23 Feb 2023 Class A Common Stock 935 Direct F14, F16
holding DASH Class B Common Stock 7,259,511 21 Feb 2023 Class A Common Stock 7,259,511 See footnote F16, F17
* 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 Certain of these securities are represented by restricted stock units ("RSUs").
F3 The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $57.24 to $58.23 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 $58.24 to $59.23 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 $59.24 to $60.23 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 This sale price represents the weighted average sale price of the shares sold ranging from $60.26 to $60.68 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.
F8 Shares sold to cover tax obligations in connection with the vesting of RSUs.
F9 This sale price represents the weighted average sale price of the shares sold ranging from $57.74 to $58.725 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.
F10 This sale price represents the weighted average sale price of the shares sold ranging from $58.76 to $59.375 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.
F11 This sale price represents the weighted average sale price of the shares sold ranging from $57.03 to $58.02 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.
F12 This sale price represents the weighted average sale price of the shares sold ranging from $58.03 to $58.98 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.
F13 This sale price represents the weighted average sale price of the shares sold ranging from $59.05 to $59.67 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.
F14 Shares of Class A Common Stock issued following the vesting and settlement of restricted stock units were exchanged at a 1:1 ratio for a share of Class B Common Stock at the election of the Reporting Person.
F15 The shares underlying the option are fully vested and immediately exercisable.
F16 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.
F17 The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.