Form 4 - Statement of changes in beneficial ownership of securities

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

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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^*

Fang Andy

(Last)

(First)

(Middle)

C/O DOORDASH, INC.

303 2ND STREET, SOUTH TOWER, 8TH FLOOR

(Street)

SAN FRANCISCO

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)
02/12/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	02/12/2025		J⁽¹⁾		100,000	A	$0	100,000	I	See footnote⁽²⁾
Class A Common Stock	02/12/2025		S⁽³⁾		100,000	D	$200.108⁽⁴⁾	0	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		J⁽¹⁾		50,000	A	$0	50,000	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		600	D	$196.417⁽⁵⁾	49,400	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		6,457	D	$197.777⁽⁶⁾	42,943	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		9,778	D	$198.515⁽⁷⁾	33,165	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		7,512	D	$199.551⁽⁸⁾	25,653	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		2,800	D	$200.729⁽⁹⁾	22,853	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		2,403	D	$201.69⁽¹⁰⁾	20,450	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		3,191	D	$202.656⁽¹¹⁾	17,259	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		6,261	D	$203.679⁽¹²⁾	10,998	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		3,290	D	$204.756⁽¹³⁾	7,708	I	See footnote⁽²⁾
Class A Common Stock	02/13/2025		S⁽³⁾		7,708	D	$205.553⁽¹⁴⁾	0	I	See footnote⁽²⁾
Class A Common Stock								16,176⁽¹⁵⁾	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 (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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹⁶⁾	02/12/2025		J⁽¹⁾			100,000	⁽¹⁶⁾	⁽¹⁶⁾	Class A Common Stock	100,000	$0	6,339,604	I	See footnote⁽²⁾
Class B Common Stock	⁽¹⁶⁾	02/13/2025		J⁽¹⁾			50,000	⁽¹⁶⁾	⁽¹⁶⁾	Class A Common Stock	50,000	$0	6,289,604	I	See footnote⁽²⁾
Class B Common Stock	⁽¹⁶⁾							⁽¹⁶⁾	⁽¹⁶⁾	Class A Common Stock	50,285		50,285	D

Explanation of Responses:

1. Shares of Class B Common Stock were converted at a 1:1 ratio for a share of Class A Common Stock at the election of the Reporting Person.

2. The shares are held by The AF Living Trust UTA dated 9/4/19 for which the Reporting Person serves as the trustee.

3. The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 8, 2024.

4. This sale price represents the weighted average sale price of the shares sold ranging from $200.00 to $200.87 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 $196.03 to $196.83 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 $197.09 to $198.085 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. This sale price represents the weighted average sale price of the shares sold ranging from $198.09 to $199.08 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.

8. This sale price represents the weighted average sale price of the shares sold ranging from $199.11 to $200.09 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.

9. This sale price represents the weighted average sale price of the shares sold ranging from $200.15 to $201.14 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.

10. This sale price represents the weighted average sale price of the shares sold ranging from $201.19 to $202.18 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.

11. This sale price represents the weighted average sale price of the shares sold ranging from $202.26 to $203.25 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.

12. This sale price represents the weighted average sale price of the shares sold ranging from $203.26 to $204.09 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.

13. This sale price represents the weighted average sale price of the shares sold ranging from $204.33 to $205.31 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.

14. This sale price represents the weighted average sale price of the shares sold ranging from $205.33 to $205.89 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.

15. Certain of these securities are represented by restricted stock units.

16. 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.

	/s/ Kimberly Hackman, by power of attorney	02/14/2025
	** 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.

POWER OF ATTORNEY

The undersigned, as a Section 16 reporting person of DoorDash, Inc. (the “Company”),

hereby constitutes and appoints Tia Sherringham, Christina Whittaker, Randolph Yiap,

Jessica Finkelstein, Kimberly Hackman, Tierney Dowling, Richa Sharma and Jacqueline

Jung the undersigned’s true and lawful attorneys-in-fact to:

complete and execute Forms 3, 4 and 5 and other forms and all amendments

thereto as such attorneys-in-fact shall in their discretion determine to be

required or advisable pursuant to Section 16 of the Securities Exchange

Act of 1934 (as amended) and the rules and regulations promulgated

thereunder, or any successor laws and regulations, as a consequence of the

undersigned’s ownership, acquisition or disposition of securities of the

Company; and

do all acts necessary in order to file such forms with the Securities and

Exchange Commission, any securities exchange or national association,

the Company and such other person or agency as the attorneys-in-fact

shall deem appropriate.

The undersigned hereby ratifies and confirms all that said attorneys-in-fact and agent

shall do or cause to be done by virtue hereof. The undersigned acknowledges that the

foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned,

are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities

to comply with Section 16 of the Securities Exchange Act of 1934 (as amended).

This Power of Attorney shall remain in full force and effect until the undersigned is

no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings

of and transactions in securities issued by the Company, unless earlier revoked by the

undersigned in a signed writing delivered to the Company and the foregoing attorneys-

in-fact.

This Power of Attorney is executed as of the date set forth below.

Signature: /s/ Andy Fang

Name: Andy Fang

Date: February 10, 2025