III John Osborne Lilly - 15 Dec 2021 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Director
Signature
/s/ Stephen Chen, as Attorney-in-Fact for John Osborne Lilly III
Issuer symbol
DUOL
Transactions as of
15 Dec 2021
Net transactions value
$0
Form type
4
Filing time
16 Dec 2021, 17:36:42 UTC
Next filing
13 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Award $0 +2,950 $0.000000 2,950 15 Dec 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. 1/3rd of the RSUs vest on each anniversary of December 15, 2021 (the "Vesting Commencement Date"), such that 100% of the shares subject to the RSUs will be fully vested on the third anniversary of the Vesting Commencement Date.