Duolingo director granted 2,001 RSUs in stock award
Duolingo director Mario Schlosser received an equity award of 2,001 Class A shares in the form of restricted stock units (RSUs).
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Rhea-AI Filing Summary
Duolingo director Mario Schlosser received an equity award of 2,001 Class A shares in the form of restricted stock units (RSUs). The RSUs carry no cash exercise price and convert into one share of Class A Common Stock per unit when they vest.
According to the vesting terms, 100% of the RSUs vest on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, as long as Schlosser continues serving the company. After this grant, he directly holds 4,122 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,001 | $0.00 | $0.00 |
Footnotes (1)
- F1. Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of the Issuer's Class A Common Stock for each RSU upon vesting. 100% of the RSUs vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual meeting of the Issuer's stockholders following the grant date, subject to the Reporting Person's continued service to the Issuer.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Class A Common Stock financial
vesting financial
annual meeting of the Issuer's stockholders financial
continued service financial
FAQ
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What did Duolingo (DUOL) director Mario Schlosser receive in this Form 4 filing?
When do Mario Schlosser’s Duolingo (DUOL) RSUs vest?
Is Mario Schlosser buying or selling Duolingo (DUOL) stock in this transaction?
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