Duolingo, Inc. — Director's Dealing 2021

Dec 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Duolingo, Inc. (DUOL)
CIK: 0001562088
Period of Report: 2021-12-08

Reporting Person: Hacker Severin (Director, Chief Technology Officer,, 10% Owner, Co-Founder)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-08	Class A Common Stock	M	108	—	Acquired	108	Direct
2021-12-08	Class A Common Stock	S	36	$110.01	Disposed	72	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-08	Restricted Stock Units	$	M	108	Disposed		Class A Common Stock (108.0)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock. 100% of the RSUs were immediately vested as of August 15, 2021 and settled on December 8, 2021.

F2: Shares were sold solely to satisfy tax withholding obligations in connection with the vesting of RSUs and delivery of shares.