Venture Capital Legend John Doerr Expands DoorDash Stake with Fresh Stock Grant
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,164 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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. Certain of these securities are represented by RSUs. 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. Shares are held by the Vallejo Ventures Trust for which the Reporting Person and his spouse serve as trustees. Reflects 12,554 shares received in pro-rata distributions. Shares are held by investment entities controlled by the Reporting Person.
FAQ
When will John Doerr's newly acquired DASH RSUs vest?
What is John Doerr's total beneficial ownership of DASH stock after the June 2025 transaction?
What positions does John Doerr hold at DASH as of June 2025?