| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DUOL | Class A Common Stock | Options Exercise | $115K | +8K | +9.23% | $14.42* | 94.7K | Jun 3, 2024 | Direct | |
| transaction | DUOL | Class A Common Stock | Sale | -$347K | -1.8K | -1.9% | $192.74 | 92.9K | Jun 3, 2024 | Direct | F1, F2 |
| transaction | DUOL | Class A Common Stock | Sale | -$261K | -1.34K | -1.45% | $193.89 | 91.6K | Jun 3, 2024 | Direct | F1, F3 |
| transaction | DUOL | Class A Common Stock | Sale | -$19.5K | -100 | -0.11% | $194.80 | 91.5K | Jun 3, 2024 | Direct | F1 |
| transaction | DUOL | Class A Common Stock | Sale | -$116K | -592 | -0.65% | $196.45 | 90.9K | Jun 3, 2024 | Direct | F1, F4 |
| transaction | DUOL | Class A Common Stock | Sale | -$232K | -1.18K | -1.29% | $197.44 | 89.7K | Jun 3, 2024 | Direct | F1, F5 |
| transaction | DUOL | Class A Common Stock | Sale | -$153K | -771 | -0.86% | $198.39 | 88.9K | Jun 3, 2024 | Direct | F1, F6 |
| transaction | DUOL | Class A Common Stock | Sale | -$259K | -1.3K | -1.46% | $199.35 | 87.6K | Jun 3, 2024 | Direct | F1, F7 |
| transaction | DUOL | Class A Common Stock | Sale | -$184K | -917 | -1.05% | $200.22 | 86.7K | Jun 3, 2024 | Direct | F1, F8 |
| 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 | -$115K | -8K | -7.73% | $14.42* | 95.4K | Jun 3, 2024 | Class A Common Stock | 8K | $14.42 | Direct | F9 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on June 9, 2023. |
| F2 | The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $192.31 to $193.26, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F3 | The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $193.48 to $194.40, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F4 | The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $195.95 to $196.94, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F5 | The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $196.95 to $197.92, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F6 | The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $197.95 to $198.88, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F7 | The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $198.98 to $199.80, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F8 | The price reported in Column 4 is a weighted average sale price calculated by the broker executing the sales. These shares were sold in multiple transactions at prices ranging from $200.04 to $200.47, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
| F9 | The shares subject to the option are fully vested and exercisable. |