Duolingo, Inc. — Director's Dealing 2023

Mar 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Duolingo, Inc. (DUOL)
CIK: 0001562088
Period of Report: 2023-02-28

Reporting Person: Glance Natalie (Chief Engineering Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Class A Common Stock	M	2156	$7.11	Acquired	136354	Direct
2023-02-28	Class A Common Stock	S	2156	$94	Disposed	134198	Direct
2023-03-01	Class A Common Stock	M	452	$7.11	Acquired	134650	Direct
2023-03-01	Class A Common Stock	M	2548	$7.48	Acquired	137198	Direct
2023-03-01	Class A Common Stock	S	3000	$106	Disposed	134198	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-28	Stock Option (Right to Buy)	$7.11	M	2156	Disposed	2028-04-20	Class A Common Stock (2156.0)	Direct
2023-03-01	Stock Option (Right to Buy)	$7.11	M	452	Disposed	2028-04-20	Class A Common Stock (452.0)	Direct
2023-03-01	Stock Option (Right to Buy)	$7.48	M	2548	Disposed	2029-06-27	Class A Common Stock (2548.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	130	Indirect

Footnotes

F1: The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.

F2: The shares subject to the option are fully vested and exercisable.