Matthew Skaruppa - Feb 15, 2022 Form 4/A - Amendment Insider Report for Duolingo, Inc. (DUOL)

Signature
/s/ Stephen Chen, as Attorney-in-Fact for Matthew Skaruppa
Stock symbol
DUOL
Transactions as of
Feb 15, 2022
Transactions value $
-$44,988
Form type
4/A - Amendment
Date filed
2/24/2022, 04:43 PM
Date Of Original Report
Feb 17, 2022
Previous filing
Feb 11, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Sale -$6.54K -68 -0.31% $96.24 21.8K Feb 15, 2022 Direct F1, F2, F3, F4
transaction DUOL Class A Common Stock Sale -$12.3K -127 -0.58% $97.10 21.7K Feb 15, 2022 Direct F1, F3, F4, F5
transaction DUOL Class A Common Stock Sale -$8.02K -82 -0.38% $97.75 21.6K Feb 15, 2022 Direct F1, F3, F4, F6
transaction DUOL Class A Common Stock Sale -$9.31K -94 -0.44% $99.03 21.5K Feb 15, 2022 Direct F1, F3, F4, F7
transaction DUOL Class A Common Stock Sale -$8.28K -83 -0.39% $99.79 21.4K Feb 15, 2022 Direct F1, F3, F4, F8
transaction DUOL Class A Common Stock Sale -$505 -5 -0.02% $100.96 21.4K Feb 15, 2022 Direct F1, F3, F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold solely to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") and delivery of shares.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $95.49 to $96.42, 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.
F3 The original Form 4 filed by the Reporting Person on 2/17/2022 incorrectly reflected 459 shares sold at a single price point. This Form 4/A corrects the aforementioned error by providing the weighted average sale price and price range. Except as noted in this footnote, all other information as disclosed in the Reporting Person's original Form 4 was accurately reported.
F4 Includes 20,313 RSUs.
F5 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $96.50 to $97.47, 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 $97.50 to $98.46, 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.
F7 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $98.51 to $99.50, 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 $99.52 to $100.40, 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 $100.92 to $101.00, 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.