Tony Xu - 15 May 2023 Form 4 Insider Report for DoorDash, Inc. (DASH)

Signature
/s/ Kylee Rast, by power of attorney
Issuer symbol
DASH
Transactions as of
15 May 2023
Net transactions value
-$8,705,605
Form type
4
Filing time
17 May 2023, 17:30:12 UTC
Previous filing
12 Apr 2023
Next filing
24 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Options Exercise $26,460 +132,300 $0.2000* 132,300 15 May 2023 Direct F1
transaction DASH Class A Common Stock Sale $8,732,065 -132,300 -100% $66.00 0 15 May 2023 Direct F2, F3

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 -132,300 -7.1% $0.000000 1,719,190 15 May 2023 Class A Common Stock 132,300 $0.2000 Direct F1, F4
* 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 that became effective on February 21, 2023.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $65.65 to $66.50 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 The shares underlying the option are fully vested and immediately exercisable.