Andy Fang - 11 Jul 2024 Form 4 Insider Report for DoorDash, Inc. (DASH)

Role
Director
Signature
/s/ Brendan Brown, by power of attorney
Issuer symbol
DASH
Transactions as of
11 Jul 2024
Net transactions value
-$10,349,316
Form type
4
Filing time
15 Jul 2024, 16:05:07 UTC
Previous filing
11 Jun 2024
Next filing
19 Aug 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 $208,642 +29,140 +74% $7.16* 68,415 11 Jul 2024 Direct F1
transaction DASH Class A Common Stock Other $0 +1,567 +2.3% $0.000000 69,982 11 Jul 2024 Direct F1, F2
transaction DASH Class A Common Stock Sale $1,261,287 -12,007 -17% $105.05 57,975 11 Jul 2024 Direct F1, F3, F4
transaction DASH Class A Common Stock Sale $3,857,785 -36,493 -63% $105.71 21,482 11 Jul 2024 Direct F1, F3, F5
transaction DASH Class A Common Stock Sale $159,580 -1,500 -7% $106.39 19,982 11 Jul 2024 Direct F1, F3, F6
transaction DASH Class A Common Stock Other $0 +50,000 +250% $0.000000 69,982 12 Jul 2024 Direct F1, F2
transaction DASH Class A Common Stock Sale $4,049,549 -38,396 -55% $105.47 31,586 12 Jul 2024 Direct F1, F3, F7
transaction DASH Class A Common Stock Sale $1,229,757 -11,604 -37% $105.98 19,982 12 Jul 2024 Direct F1, F3, F8

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 -29,140 -100% $0.000000* 0 11 Jul 2024 Class A Common Stock 29,140 $7.16 Direct F9
transaction DASH Class B Common Stock Other $0 -1,567 -0.92% $0.000000 169,378 11 Jul 2024 Class A Common Stock 1,567 Direct F2, F10
transaction DASH Class B Common Stock Other $0 -50,000 -30% $0.000000 119,378 12 Jul 2024 Class A Common Stock 50,000 Direct F2, F10
holding DASH Class B Common Stock 7,254,511 11 Jul 2024 Class A Common Stock 7,254,511 See footnote F10, F11
* 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 Shares of Class B Common Stock were converted at a 1:1 ratio for a share of Class A Common Stock at the election of the Reporting Person.
F3 The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 8, 2024.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $104.31 to $105.30 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 $105.31 to $106.30 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 $106.31 to $106.55 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 $104.83 to $105.82 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 This sale price represents the weighted average sale price of the shares sold ranging from $105.83 to $106.56 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.
F9 The shares underlying the option were fully vested and immediately exercisable.
F10 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.
F11 The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.