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

Role
Chief Engineering Officer
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Natalie Glance
Stock symbol
DUOL
Transactions as of
Feb 17, 2023
Transactions value $
-$73,335
Form type
4
Date filed
2/21/2023, 04:17 PM
Previous filing
Feb 17, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Options Exercise $6K +844 +0.63% $7.11* 135K Feb 17, 2023 Direct
transaction DUOL Class A Common Stock Sale -$79.3K -844 -0.62% $94.00 134K Feb 17, 2023 Direct F1
holding DUOL Class A Common Stock 130 Feb 17, 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 -4.04% $0.00 20K Feb 17, 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.