Natalie Glance - Dec 2, 2022 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Signature
/s/ Stephen Chen, as Attorney-in-Fact for Natalie Glance
Stock symbol
DUOL
Transactions as of
Dec 2, 2022
Transactions value $
$11,819
Form type
4
Date filed
12/6/2022, 03:57 PM
Previous filing
Nov 17, 2022
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Options Exercise $11.8K +5.3K +4.07% $2.23* 135K Dec 2, 2022 Direct
holding DUOL Class A Common Stock 130 Dec 2, 2022 By son

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 -5.3K -9.11% $0.00 52.9K Dec 2, 2022 Class A Common Stock 5.3K $2.23 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to the option are fully vested and exercisable.