| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DUOL | Class A Common Stock | Options Exercise | $244,050 | +15,000 | +353% | $16.27* | 19,253 | 05 Mar 2024 | Direct | |
| transaction | DUOL | Class A Common Stock | Sale | $1,492,883 | -7,455 | -39% | $200.25 | 11,798 | 05 Mar 2024 | Direct | F1, F2 |
| transaction | DUOL | Class A Common Stock | Sale | $853,697 | -4,240 | -36% | $201.34 | 7,558 | 05 Mar 2024 | Direct | F1, F3 |
| transaction | DUOL | Class A Common Stock | Sale | $133,870 | -661 | -8.7% | $202.53 | 6,897 | 05 Mar 2024 | Direct | F1, F4 |
| transaction | DUOL | Class A Common Stock | Sale | $69,967 | -344 | -5% | $203.39 | 6,553 | 05 Mar 2024 | Direct | F1, F5 |
| transaction | DUOL | Class A Common Stock | Sale | $81,812 | -400 | -6.1% | $204.53 | 6,153 | 05 Mar 2024 | Direct | F1, F6 |
| transaction | DUOL | Class A Common Stock | Sale | $20,693 | -100 | -1.6% | $206.93 | 6,053 | 05 Mar 2024 | Direct | F1, F7 |
| transaction | DUOL | Class A Common Stock | Sale | $187,236 | -900 | -15% | $208.04 | 5,153 | 05 Mar 2024 | Direct | F1, F8 |
| transaction | DUOL | Class A Common Stock | Sale | $62,787 | -300 | -5.8% | $209.29 | 4,853 | 05 Mar 2024 | Direct | F1, F9 |
| transaction | DUOL | Class A Common Stock | Sale | $20,991 | -100 | -2.1% | $209.91 | 4,753 | 05 Mar 2024 | Direct | F1 |
| transaction | DUOL | Class A Common Stock | Sale | $42,979 | -200 | -4.2% | $214.90 | 4,553 | 05 Mar 2024 | Direct | F1, F10 |
| transaction | DUOL | Class A Common Stock | Sale | $65,219 | -300 | -6.6% | $217.40 | 4,253 | 05 Mar 2024 | Direct | F1, F11 |
| 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 | -15,000 | -38% | $0.000000 | 25,000 | 05 Mar 2024 | Class A Common Stock | 15,000 | $16.27 | Direct | F12 |
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 December 4, 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 $200.00 to $200.95, 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 $201.00 to $201.93, 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 $202.00 to $202.97, 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 $203.03 to $203.63, 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 $204.34 to $204.98, 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 $206.60 to $206.95, 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 $207.70 to $208.51, 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 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 $208.88 to $209.80, 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. |
| F10 | 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 $214.54 to $215.25, 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. |
| F11 | 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 $217.11 to $217.54, 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. |
| F12 | 25% of the shares subject to the option vest annually measured from June 10, 2020 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date. |