William B. Gordon - Jun 9, 2022 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Director
Signature
/s/ Stephen Chen, as Attorney-in-Fact for William B. Gordon
Stock symbol
DUOL
Transactions as of
Jun 9, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 05:05 PM
Previous filing
May 25, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Award $0 +1.66K +2.3% $0.00 74.1K Jun 9, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitute restricted stock units ("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. 100% of the RSUs vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next Annual Meeting of the Issuer's stockholders following the grant date, subject to the Reporting Person's continued service to the Issuer.
F2 Includes 70,887 shares of Class A Common Stock acquired in a series of pro rata distributions in-kind, the acquisition of which was exempt pursuant to Rule 16a-9.