Stanley Tang - May 22, 2023 Form 4 Insider Report for DoorDash, Inc. (DASH)

Role
Director
Signature
/s/ Kylee Rast, by power of attorney
Stock symbol
DASH
Transactions as of
May 22, 2023
Transactions value $
-$231,351
Form type
4
Date filed
5/24/2023, 06:57 PM
Previous filing
May 11, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Sale -$53.9K -817 -1.57% $65.92 51.2K May 22, 2023 Direct F1, F2, F3
transaction DASH Class A Common Stock Sale -$177K -2.64K -5.16% $67.21 48.5K May 22, 2023 Direct F1, F3, F4
transaction DASH Class A Common Stock Other $0 -412 -0.85% $0.00 48.1K May 24, 2023 Direct F3, F5

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 +412 +0.42% $0.00 98.9K May 24, 2023 Class A Common Stock 412 Direct F5, F6
holding DASH Class B Common Stock 3.79M May 22, 2023 Class A Common Stock 3.79M See footnote F6, F7
holding DASH Class B Common Stock 3.48M May 22, 2023 Class A Common Stock 3.48M See footnote F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs").
F2 This sale price represents the weighted average sale price of the shares sold ranging from $65.21 to $66.18 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.
F3 Certain of these securities are represented by RSUs.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $66.80 to $67.75 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.
F5 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.
F6 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.
F7 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.
F8 The shares are held directly by The ST Trust under agreement dated October 2, 2019 for which the Reporting Person serves as trustee.