Prabir Adarkar - Mar 1, 2024 Form 4 Insider Report for DoorDash, Inc. (DASH)

Signature
/s/ Brendan Brown, by power of attorney
Stock symbol
DASH
Transactions as of
Mar 1, 2024
Transactions value $
-$938,720
Form type
4
Date filed
3/5/2024, 04:05 PM
Previous filing
Feb 22, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Options Exercise $57.3K +8K +0.88% $7.16* 918K Mar 1, 2024 Direct F1
transaction DASH Class A Common Stock Sale -$996K -8K -0.87% $124.50 910K Mar 1, 2024 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 Stock Option (right to buy) Options Exercise $0 -8K -1.39% $0.00 567K Mar 1, 2024 Class A Common Stock 8K $7.16 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Certain of these securities are represented by restricted stock units.
F2 The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted on June 7, 2023.
F3 The shares underlying the option are fully vested and immediately exercisable.