Natalie Glance - 20 May 2024 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Signature
/s/ Stephen Chen, as Attorney-in-Fact for Natalie Glance
Issuer symbol
DUOL
Transactions as of
20 May 2024
Net transactions value
+$22,300
Form type
4
Filing time
21 May 2024, 17:17:30 UTC
Previous filing
16 May 2024
Next filing
10 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Options Exercise $22,300 +10,000 +7.2% $2.23* 148,782 20 May 2024 Direct
holding DUOL Class A Common Stock 130 20 May 2024 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 -10,000 -35% $0.000000 18,396 20 May 2024 Class A Common Stock 10,000 $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.