Stanley Tang - 01 Oct 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
01 Oct 2024
Net transactions value
-$7,090,446
Form type
4
Filing time
03 Oct 2024, 16:10:10 UTC
Previous filing
05 Sep 2024
Next filing
05 Nov 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 Other $0 +50,000 $0.000000 50,000 01 Oct 2024 See footnote F1, F2
transaction DASH Class A Common Stock Sale $1,910,500 -13,534 -27% $141.16 36,466 01 Oct 2024 See footnote F2, F3, F4
transaction DASH Class A Common Stock Sale $4,520,354 -31,864 -87% $141.86 4,602 01 Oct 2024 See footnote F2, F3, F5
transaction DASH Class A Common Stock Sale $429,174 -3,000 -65% $143.06 1,602 01 Oct 2024 See footnote F2, F3, F6
transaction DASH Class A Common Stock Sale $230,417 -1,602 -100% $143.83 0 01 Oct 2024 See footnote F2, F3, F7
holding DASH Class A Common Stock 37,268 01 Oct 2024 Direct 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 Class B Common Stock Other $0 -50,000 -1.2% $0.000000 4,067,947 01 Oct 2024 Class A Common Stock 50,000 See footnote F1, F9, F10
holding DASH Class B Common Stock 3,109,879 01 Oct 2024 Class A Common Stock 3,109,879 See footnote F9, F11
holding DASH Class B Common Stock 100,137 01 Oct 2024 Class A Common Stock 100,137 Direct F9
* 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 The ST Trust under agreement dated October 2, 2019, for which the Reporting Person serves as trustee.
F3 The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2023.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $140.53 to $141.52 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 $141.53 to $142.51 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 $142.53 to $143.51 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 $143.53 to $144.42 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 Certain of these securities are represented by restricted stock units.
F9 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.
F10 The shares are held directly by The ST Trust under agreement dated October 2, 2019 for which the Reporting Person serves as trustee.
F11 The shares are held by The 2020 ST Grantor Retained Annuity Trust UTA dated 9/10/2020 for which the Reporting Person serves as trustee.