Keith Yandell - Aug 20, 2024 Form 4 Insider Report for DoorDash, Inc. (DASH)

Signature
/s/ Brendan Brown, by power of attorney
Stock symbol
DASH
Transactions as of
Aug 20, 2024
Transactions value $
-$1,362,471
Form type
4
Date filed
8/22/2024, 04:25 PM
Previous filing
Aug 5, 2024
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Sale -$997K -7.9K -5.32% $126.24 141K Aug 20, 2024 Direct F1, F2, F3
transaction DASH Class A Common Stock Sale -$366K -2.87K -2.04% $127.54 138K Aug 21, 2024 Direct F3, F4
* 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 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 $126.213 to $126.959 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 The sale reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2024.