Natalie Glance - 22 Nov 2021 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
SVP, Engineering
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Natalie Glance
Issuer symbol
DUOL
Transactions as of
22 Nov 2021
Net transactions value
+$55,750
Form type
4
Filing time
24 Nov 2021, 12:29:16 UTC
Previous filing
18 Nov 2021
Next filing
10 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Options Exercise $53,520 +24,000 +32% $2.23 98,028 22 Nov 2021 Direct F1
transaction DUOL Class A Common Stock Options Exercise $2,230 +1,000 +1% $2.23 99,028 23 Nov 2021 Direct F1

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 -24,000 -29% $0.000000 59,196 22 Nov 2021 Class A Common Stock 24,000 $2.23 Direct F2
transaction DUOL Stock Option (Right to Buy) Options Exercise $0 -1,000 -1.7% $0.000000 58,196 23 Nov 2021 Class A Common Stock 1,000 $2.23 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 21,875 restricted stock units.
F2 The shares subject to the option are fully vested and exercisable.