Tony Xu - 01 Jul 2024 Form 4 Insider Report for DoorDash, Inc. (DASH)

Role
CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature
/s/ Brendan Brown, by power of attorney
Issuer symbol
DASH
Transactions as of
01 Jul 2024
Net transactions value
-$5,448,501
Form type
4
Filing time
03 Jul 2024, 16:10:07 UTC
Previous filing
20 Jun 2024
Next filing
17 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Options Exercise $387,829 +54,166 $7.16* 54,166 01 Jul 2024 Direct
transaction DASH Class A Common Stock Sale $938,815 -8,804 -16% $106.64 45,362 01 Jul 2024 Direct F1, F2
transaction DASH Class A Common Stock Sale $2,197,235 -20,413 -45% $107.64 24,949 01 Jul 2024 Direct F1, F3
transaction DASH Class A Common Stock Sale $2,700,280 -24,949 -100% $108.23 0 01 Jul 2024 Direct F1, F4

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 -54,166 -1.8% $0.000000 2,889,974 01 Jul 2024 Class A Common Stock 54,166 $7.16 Direct F5
* 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 The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 8, 2024.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $106.00 to $106.98 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.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $107.00 to $107.99 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 $108.00 to $108.57 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 The shares underlying the option are fully vested and immediately exercisable.