Natalie Glance - 17 Feb 2023 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Chief Engineering Officer
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Natalie Glance
Issuer symbol
DUOL
Transactions as of
17 Feb 2023
Net transactions value
-$73,335
Form type
4
Filing time
21 Feb 2023, 16:17:33 UTC
Previous filing
17 Feb 2023
Next filing
02 Mar 2023
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 Options Exercise $6,001 +844 +0.63% $7.11* 135,042 17 Feb 2023 Direct
transaction DUOL Class A Common Stock Sale $79,336 -844 -0.62% $94.00 134,198 17 Feb 2023 Direct F1
holding DUOL Class A Common Stock 130 17 Feb 2023 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 -844 -4% $0.000000 20,026 17 Feb 2023 Class A Common Stock 844 $7.11 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
F2 The shares subject to the option are fully vested and exercisable.