DoorDash, Inc. — Director's Dealing 2020

Dec 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DoorDash Inc (DASH)
CIK: 0001792789
Period of Report: 2020-12-11

Reporting Person: Xu Tony (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-11	Common Stock	J	794810	—	Disposed	0	Direct
2020-12-11	Common Stock	J	3600000	—	Disposed	0	Indirect
2020-12-11	Common Stock	J	3600000	—	Disposed	0	Indirect
2020-12-11	Common Stock	J	1800000	—	Disposed	0	Indirect
2020-12-11	Common Stock	J	305425	—	Disposed	0	Indirect
2020-12-11	Common Stock	J	305425	—	Disposed	0	Indirect
2020-12-11	Common Stock	J	28865	—	Disposed	0	Indirect
2020-12-11	Class A Common Stock	J	794810	—	Acquired	794810	Direct
2020-12-11	Class A Common Stock	J	3600000	—	Acquired	3600000	Indirect
2020-12-11	Class A Common Stock	J	3600000	—	Acquired	3600000	Indirect
2020-12-11	Class A Common Stock	J	1800000	—	Acquired	1800000	Indirect
2020-12-11	Class A Common Stock	J	305425	—	Acquired	305425	Indirect
2020-12-11	Class A Common Stock	J	305425	—	Acquired	305425	Indirect
2020-12-11	Class A Common Stock	J	28865	—	Acquired	28865	Indirect
2020-12-11	Class A Common Stock	J	794810	—	Disposed	0	Direct
2020-12-11	Class A Common Stock	J	3600000	—	Disposed	0	Indirect
2020-12-11	Class A Common Stock	J	3600000	—	Disposed	0	Indirect
2020-12-11	Class A Common Stock	J	1800000	—	Disposed	0	Indirect
2020-12-11	Class A Common Stock	J	305425	—	Disposed	0	Indirect
2020-12-11	Class A Common Stock	J	305425	—	Disposed	0	Indirect
2020-12-11	Class A Common Stock	J	28865	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-11	Class B Common Stock	$	J	794810	Acquired		Class A Common Stock (794810)	Direct
2020-12-11	Class B Common Stock	$	J	3600000	Acquired		Class A Common Stock (3600000)	Indirect
2020-12-11	Class B Common Stock	$	J	3600000	Acquired		Class A Common Stock (3600000)	Indirect
2020-12-11	Class B Common Stock	$	J	1800000	Acquired		Class A Common Stock (1800000)	Indirect
2020-12-11	Class B Common Stock	$	J	305425	Acquired		Class A Common Stock (305425)	Indirect
2020-12-11	Class B Common Stock	$	J	305425	Acquired		Class A Common Stock (305425)	Indirect
2020-12-11	Class B Common Stock	$	J	28865	Acquired		Class A Common Stock (28865)	Indirect
2020-12-11	Employee Stock Option (right to buy)	$0.20	J	2888390	Disposed	2024-06-25	Common Stock (2888390)	Direct
2020-12-11	Employee Stock Option (right to buy)	$0.20	J	2888390	Acquired	2024-06-25	Class A Common Stock (2888390)	Direct
2020-12-11	Employee Stock Option (right to buy)	$7.16	J	3000000	Disposed	2028-10-09	Common Stock (3000000)	Direct
2020-12-11	Employee Stock Option (right to buy)	$7.16	J	3000000	Acquired	2028-10-09	Class A Common Stock (3000000)	Direct
2020-12-11	Restricted Stock Units	$	J	10379000	Disposed		Common Stock (10379000)	Direct
2020-12-11	Restricted Stock Units	$	J	10379000	Acquired		Class A Common Stock (10379000)	Direct

Footnotes

F1: Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class A Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.

F2: The shares are held by The Article 2 Trust under TXX Annuity Trust #1 for which the reporting person serves as a trustee.

F3: The shares are held by The Article 2 Trust under TXX Annuity Trust #2 for which the reporting person serves as a trustee.

F4: The shares are held by The Article 2 Trust under TXX Annuity Trust #3 for which the reporting person serves as a trustee.

F5: The shares are held by The Article 3 Trust under OBX Family Trust for which the reporting person serves as a trustee.

F6: The shares are held by The Article 3 Trust under TBX Family Trust for which the reporting person serves as a trustee.

F7: The shares are held by The Article 4 Trust under Library Trust for which the reporting person's spouse serves as a trustee.

F8: Following the reclassification of Common Stock into Class A Common Stock, all shares of Class A Common Stock were exchanged at a 1:1 ratio for shares of Class B Common Stock in a transaction previously approved by the Issuer's board of directors.

F9: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

F10: Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was reclassified into one share of Class A Common Stock and upon exercise of the option, such shares of Class A Common Stock may be exchanged at a 1:1 ratio for shares of Class B Common Stock at the election of the holder.

F11: The shares underlying the option are fully vested and immediately exercisable.

F12: One-fourth of the shares underlying the option vested on October 1, 2019 and 1/48th of the shares vest monthly thereafter.

F13: Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer common stock.

F14: Immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock, each share of Common Stock was 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.

F15: 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.