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DoorDash, Inc. — Director's Dealing 2020
Dec 10, 2020
10831_dirs_2020-12-10_db43c6dc-6e60-4edc-9ad5-321d13eea798.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DoorDash Inc (DASH)
CIK: 0001792789
Period of Report: 2020-12-08
Reporting Person: Xu Tony (Director, Chief Executive Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-08 | Restricted Stock Units | $ | A | 10379000 | Acquired | Common Stock (10379000) | Direct |
Footnotes
F1: Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer common stock.
F2: Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock shall be reclassified into one share of Class A Common Stock and each share of Class A Common Stock issued following the vesting and settlement of an RSU may be exchanged at a 1:1 ratio for a share of Class B Common Stock at the election of the holder.
F3: The RSUs vest based on the Issuer's stock price performance over a performance period beginning on the first trading day one and one-half years following the day after the Issuer's initial public offering of Class A Common Stock and ending on the seventh anniversary of the day of the Issuer's initial public offering of Class A Common Stock, subject to satisfying certain service-based conditions.