Natalie Glance - Nov 22, 2021 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
SVP, Engineering
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Natalie Glance
Stock symbol
DUOL
Transactions as of
Nov 22, 2021
Transactions value $
$55,750
Form type
4
Date filed
11/24/2021, 12:29 PM
Previous filing
Nov 18, 2021
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Options Exercise $53.5K +24K +32.42% $2.23* 98K Nov 22, 2021 Direct F1
transaction DUOL Class A Common Stock Options Exercise $2.23K +1K +1.02% $2.23* 99K Nov 23, 2021 Direct F1

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 Stock Option (Right to Buy) Options Exercise $0 -24K -28.85% $0.00 59.2K Nov 22, 2021 Class A Common Stock 24K $2.23 Direct F2
transaction DUOL Stock Option (Right to Buy) Options Exercise $0 -1K -1.69% $0.00 58.2K Nov 23, 2021 Class A Common Stock 1K $2.23 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 21,875 restricted stock units.
F2 The shares subject to the option are fully vested and exercisable.