Robert Meese - May 16, 2022 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Chief Business Officer
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Robert Meese
Stock symbol
DUOL
Transactions as of
May 16, 2022
Transactions value $
-$17,102
Form type
4
Date filed
5/18/2022, 05:10 PM
Previous filing
May 17, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DUOL Class A Common Stock Sale -$17.1K -188 -0.08% $90.97 225K May 16, 2022 Direct F1, F2
holding DUOL Class A Common Stock 1.8K May 16, 2022 See footnote F3
holding DUOL Class A Common Stock 1.8K May 16, 2022 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold solely to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") and delivery of shares.
F2 The price reported in Column 4 is a weighted average price calculated by the broker executing the sell-to-cover transactions. These shares were sold as part of a block trade in multiple transactions, and the Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price.
F3 Shares held by Eliot Meese Qualified Minor's Trust.
F4 Shares held by Isaac Meese Qualified Minor's Trust.