Mario Schlosser - 01 Jul 2024 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Director
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Mario Schlosser
Issuer symbol
DUOL
Transactions as of
01 Jul 2024
Net transactions value
$0
Form type
4
Filing time
03 Jul 2024, 20:40:00 UTC
Previous filing
04 Jun 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Restricted Stock Units Award $0 +1,742 $0.000000 1,742 01 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitute Restricted Stock Units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Issuer's Class A Common Stock for each RSU upon vesting. 1/3rd of the RSUs shall vest on each anniversary of July 1, 2024 (the "Vesting Commencement Date"), such that 100% of the shares subject to the RSUs will be fully vested on the third anniversary of the Vesting Commencement Date.