Andy Fang - Sep 12, 2024 Form 4 Insider Report for DoorDash, Inc. (DASH)

Role
Director
Signature
/s/ Brendan Brown, by power of attorney
Stock symbol
DASH
Transactions as of
Sep 12, 2024
Transactions value $
-$13,107,308
Form type
4
Date filed
9/16/2024, 04:39 PM
Previous filing
Aug 26, 2024
Next filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DASH Class A Common Stock Other $0 +50K $0.00 50K Sep 12, 2024 See footnote F1, F2
transaction DASH Class A Common Stock Sale -$5.06M -38.9K -77.8% $130.12 11.1K Sep 12, 2024 See footnote F2, F3, F4
transaction DASH Class A Common Stock Sale -$1.45M -11.1K -100% $130.50 0 Sep 12, 2024 See footnote F2, F3, F5
transaction DASH Class A Common Stock Other $0 +50K $0.00 50K Sep 13, 2024 See footnote F1, F2
transaction DASH Class A Common Stock Sale -$6.6M -50K -100% $131.94 0 Sep 13, 2024 See footnote F2, F3
holding DASH Class A Common Stock 18.1K Sep 12, 2024 Direct F6

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 -50K -0.69% $0.00 7.15M Sep 12, 2024 Class A Common Stock 50K See footnote F1, F2, F7
transaction DASH Class B Common Stock Other $0 -50K -0.7% $0.00 7.1M Sep 13, 2024 Class A Common Stock 50K See footnote F1, F2, F7
holding DASH Class B Common Stock 50.3K Sep 12, 2024 Class A Common Stock 50.3K Direct F7
* 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 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.
F2 The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
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 $129.42 to $130.41 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 $130.42 to $130.86 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 Certain of these securities are represented by restricted stock units.
F7 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.