Durable Capital Partners LP - 24 Jan 2022 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
10%+ Owner
Signature
Durable Capital Partners LP, By: Julie Jack, its Authorized Person
Issuer symbol
DUOL
Transactions as of
24 Jan 2022
Net transactions value
+$11,289,163
Form type
4
Filing time
26 Jan 2022, 14:17:34 UTC
Previous filing
20 Jan 2022
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock, $0.0001 par value per share Purchase $3,274,663 +37,853 +1.6% $86.51 2,454,718 24 Jan 2022 See footnote 1 F1
transaction DUOL Class A Common Stock, $0.0001 par value per share Purchase $2,655,900 +30,000 +1.2% $88.53 2,484,718 24 Jan 2022 See footnote 1 F1
transaction DUOL Class A Common Stock, $0.0001 par value per share Purchase $5,358,600 +60,000 +2.4% $89.31 2,544,718 25 Jan 2022 See footnote 1 F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held directly by Durable Capital Master Fund LP ("Durable Capital Master Fund"). Durable Capital Partners LP ("Durable Capital") acts as the investment adviser to Durable Capital Master Fund and has sole voting power and sole investment power over the securities reported on this Form 4. Durable Capital Partners GP LLC ("Durable GP") is the general partner of Durable Capital, and Henry Ellenbogen is the chief investment officer of Durable Capital and the managing member of Durable GP. Each of Durable Capital Master Fund, Durable Capital, Durable GP and Mr. Ellenbogen disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein.