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Venture Capital Legend John Doerr Expands DoorDash Stake with Fresh Stock Grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DoorDash director John Doerr reported multiple transactions and holdings in a Form 4 filing dated June 28, 2025. Key details include:

  • Acquired 1,164 restricted stock units (RSUs) on June 24, 2025, at $0 exercise price
  • Currently holds 7,083 shares directly, including RSUs
  • Maintains indirect ownership of: - 33,818 shares through KPCB DGF II Associates - 364,622 shares via Vallejo Ventures Trust - 462,294 shares through controlled investment entities

The newly granted RSUs will vest on either the one-year anniversary of the grant date or the day before DoorDash's next annual shareholder meeting, whichever comes first. This vesting is contingent on Doerr remaining a service provider through the vesting date. The filing reflects standard director compensation practices and demonstrates significant insider ownership through various investment vehicles.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DOERR L JOHN

(Last) (First) (Middle)
C/O DOORDASH, INC.
303 2ND STREET, SOUTH TOWER, 8TH FLOOR

(Street)
SAN FRANCISCO CA 94107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DoorDash, Inc. [ DASH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/24/2025 A 1,164(1) A $0 7,083(2) D
Class A Common Stock 33,818 I See footnote(3)
Class A Common Stock 364,622 I See footnote(4)
Class A Common Stock 462,294(5) I See footnote(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Each share is represented by a restricted stock unit ("RSU"). The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date.
2. Certain of these securities are represented by RSUs.
3. The shares are held directly by KPCB DGF II Associates, LLC ("DGF II Associates"). The Reporting Person is a managing member of DGF II Associates and may be deemed to share voting and investment power over the securities held by DGF II Associates. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
4. Shares are held by the Vallejo Ventures Trust for which the Reporting Person and his spouse serve as trustees.
5. Reflects 12,554 shares received in pro-rata distributions.
6. Shares are held by investment entities controlled by the Reporting Person.
/s/ Kimberly Hackman, by power of attorney 06/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many DASH shares did John Doerr acquire on June 24, 2025?

John Doerr acquired 1,164 restricted stock units (RSUs) of DASH Class A Common Stock on June 24, 2025. These RSUs were granted at a price of $0.

When will John Doerr's newly acquired DASH RSUs vest?

The RSUs will vest on either (i) the one-year anniversary of the grant date, or (ii) the day before DASH's next annual shareholder meeting, whichever comes first. This is subject to Doerr continuing to serve as a service provider through the vesting date.

What is John Doerr's total beneficial ownership of DASH stock after the June 2025 transaction?

After the transaction, John Doerr beneficially owns: 7,083 shares held directly, 33,818 shares through KPCB DGF II Associates, LLC, 364,622 shares through the Vallejo Ventures Trust, and 462,294 shares through various investment entities he controls, totaling approximately 867,817 shares.

What positions does John Doerr hold at DASH as of June 2025?

According to the Form 4 filing, John Doerr serves as a Director on DoorDash's Board. This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
Doordash Inc

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