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Duolingo, Inc. — Director's Dealing 2022
Feb 17, 2022
30402_dirs_2022-02-16_62318c39-830a-414e-ab8b-e474f7cce59a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Duolingo, Inc. (DUOL)
CIK: 0001562088
Period of Report: 2022-02-09
Reporting Person: NewView Capital Fund I, L.P. (10% Owner)
Reporting Person: NewView Capital Partners I, LLC (10% Owner)
Reporting Person: Viswanathan Ravi (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-09 | Class A Common Stock | C | 5239835 | — | Acquired | 5239835 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-09 | Class B Common Stock | $ | C | 5239835 | Disposed | Class A Common Stock (5239835) | Indirect |
Footnotes
F1: Each share of Class B Common Stock was converted into one share of Class A Common Stock at the election of the Reporting Person for no consideration.
F2: Shares held by NewView Capital Fund I, L.P. ("NewView Fund I"). NewView Capital Partners I, LLC is the general partner of NewView Fund I. Ravi Viswanathan is the managing member of NewView Capital Partners I, LLC and therefore may be deemed to hold voting and dispositive power over the shares held by NewView Fund I. Such managing member disclaims beneficial ownership of the shares held by NewView Fund I except to the extent of his pecuniary interest therein.
F3: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the election of the Reporting Person for no consideration and has no expiration date.