Sec Form 4 Filing - Fang Andy @ DoorDash, Inc. - 2021-08-20

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Fang Andy
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)
(Last) (First) (Middle)
C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
08/20/2021
(Street)
SAN FRANCISCO, CA94107
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 08/20/2021 M 36,320 A $ 7.16 132,795 ( 1 ) D
Class A Common Stock 08/20/2021 J( 2 ) 36,320 D $ 0 96,475 ( 1 ) D
Class A Common Stock 08/20/2021 S 2,000 D $ 183.089 ( 3 ) 94,475 ( 1 ) D
Class A Common Stock 08/20/2021 S 3,100 D $ 183.999 ( 4 ) 91,375 ( 1 ) D
Class A Common Stock 08/20/2021 S 1,200 D $ 184.901 ( 5 ) 90,175 ( 1 ) D
Class A Common Stock 08/20/2021 S 183 D $ 185.938 ( 6 ) 89,992 ( 1 ) D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Employee Stock Option (right to buy) $ 7.16 08/20/2021 M 36,320 ( 7 ) 10/09/2028 Class A Common Stock 36,320 $ 0 143,105 D
Class B Common Stock ( 8 ) 08/20/2021 J( 2 ) 36,320 ( 8 ) ( 8 ) Class A Common Stock 36,320 $ 0 100,468 D
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 494,524 494,524 I See footnote ( 9 )
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 3,737,500 3,737,500 I See footnote ( 10 )
Class B Common Stock ( 8 ) ( 8 ) ( 8 ) Class A Common Stock 5,941,878 5,941,878 I See footnote ( 11 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Fang Andy
C/O DOORDASH, INC.
303 2ND STREET, SOUTH TOWER, 8TH FLOOR
SAN FRANCISCO, CA94107
X
Signatures
/s/ Tia Sherringham, Attorney-in-fact 08/24/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Certain of the shares are represented by restricted stock units.
( 2 )Shares of Class A Common Stock issued following the exercise of stock options were exchanged at a 1:1 ratio for a share of Class B Common Stock at the election of the Reporting Person.
( 3 )This sale price represents the weighted average sale price of the shares sold ranging from $182.60 to $183.58 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
( 4 )This sale price represents the weighted average sale price of the shares sold ranging from $183.60 to $184.57 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
( 5 )This sale price represents the weighted average sale price of the shares sold ranging from $184.59 to $185.00 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
( 6 )This sale price represents the weighted average sale price of the shares sold ranging from $185.66 to $186.48 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
( 7 )One-fourth of the shares underlying the option vested on October 1, 2019 and 1/48th of the shares vest monthly thereafter.
( 8 )Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
( 9 )The shares are held by The 2019 Fang Grantor Retained Annuity Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.
( 10 )The shares are held by The 2020 Fang Grantor Retained Annuity Trust UTA dated 6/1/2020 for which the Reporting Person serves as the trustee.
( 11 )The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indir ectly.
* 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.