Robert Meese - 15 Nov 2021 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Signature
/s/ Stephen Chen, as Attorney-in-Fact for Robert Meese
Issuer symbol
DUOL
Transactions as of
15 Nov 2021
Net transactions value
-$4,625,225
Form type
4
Filing time
17 Nov 2021, 15:51:07 UTC
Previous filing
22 Sep 2021
Next filing
24 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Options Exercise $0 +108 +0.05% $0.000000 199,778 15 Nov 2021 Direct F1
transaction DUOL Class A Common Stock Award $0 +10,625 +5.3% $0.000000 210,403 15 Nov 2021 Direct F2, F3
transaction DUOL Class A Common Stock Sale $12,562 -91 -0.04% $138.04 210,312 15 Nov 2021 Direct F3, F4, F5
transaction DUOL Class A Common Stock Sale $10,148 -73 -0.03% $139.01 210,239 15 Nov 2021 Direct F3, F4, F6
transaction DUOL Class A Common Stock Sale $10,648 -76 -0.04% $140.11 210,163 15 Nov 2021 Direct F3, F4, F7
transaction DUOL Class A Common Stock Sale $5,654 -40 -0.02% $141.36 210,123 15 Nov 2021 Direct F3, F4, F8
transaction DUOL Class A Common Stock Sale $1,703 -12 -0.01% $141.90 210,111 15 Nov 2021 Direct F3, F4, F9
transaction DUOL Class A Common Stock Sale $2,576 -18 -0.01% $143.11 210,093 15 Nov 2021 Direct F3, F4, F10
transaction DUOL Class A Common Stock Sale $7,558 -52 -0.02% $145.34 210,041 15 Nov 2021 Direct F3, F4, F11
transaction DUOL Class A Common Stock Sale $39,769 -272 -0.13% $146.21 209,769 15 Nov 2021 Direct F3, F4, F12
transaction DUOL Class A Common Stock Sale $7,489 -51 -0.02% $146.85 209,718 15 Nov 2021 Direct F3, F4, F13
transaction DUOL Class A Common Stock Sale $388,570 -2,813 -1.3% $138.13 206,905 15 Nov 2021 Direct F3, F14, F15
transaction DUOL Class A Common Stock Sale $314,734 -2,258 -1.1% $139.39 204,647 15 Nov 2021 Direct F3, F14, F16
transaction DUOL Class A Common Stock Sale $716,275 -5,101 -2.5% $140.42 199,546 15 Nov 2021 Direct F3, F14, F17
transaction DUOL Class A Common Stock Sale $200,425 -1,417 -0.71% $141.44 198,129 15 Nov 2021 Direct F3, F14, F18
transaction DUOL Class A Common Stock Sale $287,096 -2,000 -1% $143.55 196,129 15 Nov 2021 Direct F3, F14, F19
transaction DUOL Class A Common Stock Sale $200,730 -1,384 -0.71% $145.04 194,745 15 Nov 2021 Direct F3, F14, F20
transaction DUOL Class A Common Stock Sale $1,109,231 -7,590 -3.9% $146.14 187,155 15 Nov 2021 Direct F3, F14, F21
transaction DUOL Class A Common Stock Sale $454,747 -3,095 -1.7% $146.93 184,060 15 Nov 2021 Direct F3, F14, F22
transaction DUOL Class A Common Stock Sale $412,028 -2,783 -1.5% $148.05 181,277 15 Nov 2021 Direct F3, F14, F23
transaction DUOL Class A Common Stock Sale $149,011 -1,000 -0.55% $149.01 180,277 15 Nov 2021 Direct F3, F14, F24
transaction DUOL Class A Common Stock Sale $264,066 -1,759 -0.98% $150.12 178,518 15 Nov 2021 Direct F3, F14, F25
transaction DUOL Class A Common Stock Sale $30,205 -200 -0.11% $151.02 178,318 15 Nov 2021 Direct F3, F14, F26
holding DUOL Class A Common Stock 1,800 15 Nov 2021 See footnote F27
holding DUOL Class A Common Stock 1,800 15 Nov 2021 See footnote F28

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 DUOL Restricted Stock Units Options Exercise $0 -108 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 108 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock. 100% of the RSUs were immediately vested as of August 15, 2021 and settled on November 15, 2021.
F2 Constitute RSUs for which the Reporting Person is entitled to receive one (1) share of the Issuer's Class A Common Stock for each RSU upon vesting. 1/16th of the RSUs vest on each quarterly anniversary of May 15, 2021. On November 15, 2021, 1,328 RSUs vested.
F3 Includes 9,297 RSUs.
F4 Shares were sold solely to satisfy tax withholding obligations in connection with the vesting of RSUs and delivery of shares.
F5 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $137.48 to $138.46, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $138.585 to $139.57, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $139.66 to $140.52, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F8 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $140.77 to $141.76, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F9 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $141.83 to $141.96, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F10 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $142.90 to $143.42, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F11 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $144.69 to $145.60, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F12 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $145.72 to $146.70, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F13 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $146.72 to $147.21, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F14 The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
F15 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $137.86 to $138.77, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F16 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $138.95 to $139.94, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F17 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $140.01 to $140.98, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F18 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $141.07 to $141.96, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F19 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $142.90 to $143.85, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F20 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $144.50 to $145.46, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F21 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $145.53 to $146.52, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F22 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $146.53 to $147.52, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F23 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $147.98 to $148.42, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F24 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $148.98 to $149.15, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F25 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.70, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F26 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $151.00 to $151.05, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F27 Shares held by Eliot Meese Qualified Minor's Trust.
F28 Shares held by Isaac Meese Qualified Minor's Trust.