DOORDASH, INC., DEF 14A filed on 4/26/2024
Proxy Statement (definitive)
v3.24.1.u1
Cover
 12 Months Ended
Dec. 31, 2023
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name DoorDash, Inc.
Entity Central Index Key 0001792789
v3.24.1.u1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay vs. Performance Table
Value of Initial Fixed $100 Investment Based On:
Year (a)Summary Compensation Table Total for PEO (b)Compensation Actually Paid to PEO (c)Average Summary Compensation Table Total for Non-PEO NEOs (d)Average Compensation Actually Paid to Non-PEO NEOs (e)Total Shareholder Return (f)Peer Group Total Shareholder Return (g)
Net Income (Loss) $ (in millions) (h)
Year End Stock Price (Company Selected Measure) (i)
2023
$316,431 $244,015,351 $10,831,199 $22,342,695 $52 $155 $(558)$99 
2022$300,221 $(686,374,419)$8,337,424 $(15,533,343)$26 $99 $(1,365)$49 
2021$300,297 $(35,818,623)$8,474,204 $22,896,547 $79 $140 $(468)$149 
2020$413,669,920 $796,888,547 $4,066,452 $101,965,963 $75 $105 $(461)$143 
      
Company Selected Measure Name Year End Stock Price      
Named Executive Officers, Footnote
2023 PEO: Tony Xu; Other NEOs: Ravi Inukonda, Prabir Adarkar, Keith Yandell, and Tia Sherringham
2022 PEO: Tony Xu; Other NEOs: Prabir Adarkar, Christopher Payne, and Keith Yandell
2021 PEO: Tony Xu; Other NEOs: Prabir Adarkar, Christopher Payne, and Keith Yandell
2020 PEO: Tony Xu; Other NEOs: Prabir Adarkar, Christopher Payne, and Keith Yandell
      
Peer Group Issuers, Footnote
Total Shareholder Return (“TSR”) values provided in this table illustrate the value of an initial investment of $100 in our Class A common stock made at the beginning of each year at the end of such year. The methodology used in this table is the same methodology provided on page 57 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, page 59 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, page 64 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and page 62 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2020. The peer group selected for comparison is the S&P 500 IT Index, which is one of the same peer groups we use to calculate total shareholder return in our Annual Report on Form 10-K.
      
PEO Total Compensation Amount $ 316,431 $ 300,221 $ 300,297 $ 413,669,920
PEO Actually Paid Compensation Amount $ 244,015,351 (686,374,419) (35,818,623) 796,888,547
Adjustment To PEO Compensation, Footnote
The table below describes the adjustments, each of which is required by SEC rules, to calculate CAP amounts from the SCT Total of our PEO (Column (b)) and our Other NEOs (Column (d)). The SCT Total and CAP amounts do not reflect the actual amount of compensation earned by or paid to our executives during the applicable years, but rather are amounts determined in accordance with Item 402(v). For a more representative view of the amount of compensation actually realized by our NEOs, see “Options Exercised and Stock Vested” of this proxy statement. With respect to CAP to our PEO, the assumptions and methodology used to calculate the fair value of equity awards in this table are consistent with the assumptions used to calculate the grant date fair value when the award was granted.

2023
202220212020
Description of Adjustment
PEO
Average Non-PEO NEOs
PEOAverage Non-PEO NEOsPEOAverage Non-PEO NEOsPEOAverage Non-PEO NEOs
Summary Compensation Table Total$316,431 $10,831,199 $300,221 $8,337,424 $300,297 $8,474,204 $413,669,920 $4,066,452 
Deduction for amounts reported under the "Stock Awards" and "Option Awards" columns in the Summary Compensation Table for each year$— $(10,471,303)$— $(7,987,216)$— $(8,123,633)$(413,369,623)$(3,595,893)
ASC 718 fair value of awards granted during the year that remain unvested as of and determined on the last day of each year$— $13,410,597 $— $4,447,851 $— $8,379,696 $796,588,250 $15,049,657 
ASC 718 fair value of awards granted during the year that vested during the year, determined as of vest date.
$— $3,223,356 $— $691,030 $— $— $— $— 
Change in ASC 718 fair value of awards granted in prior years that are outstanding and unvested as of the last date of the year, determined based on change in ASC 718 fair value from the last date of the prior year to the last date of the year.$243,698,920 $3,830,205 $(686,674,640)$(6,215,760)$(36,118,920)$1,765,460 $— $56,913,754 
Change in ASC 718 fair value for awards granted in prior years that vested during the year, determined based on change from the last day of the previous year to the vest date.$— $1,518,643 $— $(14,806,672)$— $12,400,820 $— $29,531,993 
Total Adjustments (subtotal)$243,698,920 $21,982,800 $(686,674,640)$(23,870,767)$(36,118,920)$14,422,343 $383,218,627 $97,899,511 
Compensation actually paid$244,015,351 $22,342,695 $(686,374,419)$(15,533,343)$(35,818,623)$22,896,547 $796,888,547 $101,965,963 
Other adjustments required by Item 402(v) include adjustments for forfeitures, paid dividends, modifications and valuation of pension plans and are excluded from the above table because we did not have any of those elements in our compensation plans for the years covered in this disclosure. 		     
Non-PEO NEO Average Total Compensation Amount $ 10,831,199 8,337,424 8,474,204 4,066,452
Non-PEO NEO Average Compensation Actually Paid Amount $ 22,342,695 (15,533,343) 22,896,547 101,965,963
Adjustment to Non-PEO NEO Compensation Footnote
The table below describes the adjustments, each of which is required by SEC rules, to calculate CAP amounts from the SCT Total of our PEO (Column (b)) and our Other NEOs (Column (d)). The SCT Total and CAP amounts do not reflect the actual amount of compensation earned by or paid to our executives during the applicable years, but rather are amounts determined in accordance with Item 402(v). For a more representative view of the amount of compensation actually realized by our NEOs, see “Options Exercised and Stock Vested” of this proxy statement. With respect to CAP to our PEO, the assumptions and methodology used to calculate the fair value of equity awards in this table are consistent with the assumptions used to calculate the grant date fair value when the award was granted.

2023
202220212020
Description of Adjustment
PEO
Average Non-PEO NEOs
PEOAverage Non-PEO NEOsPEOAverage Non-PEO NEOsPEOAverage Non-PEO NEOs
Summary Compensation Table Total$316,431 $10,831,199 $300,221 $8,337,424 $300,297 $8,474,204 $413,669,920 $4,066,452 
Deduction for amounts reported under the "Stock Awards" and "Option Awards" columns in the Summary Compensation Table for each year$— $(10,471,303)$— $(7,987,216)$— $(8,123,633)$(413,369,623)$(3,595,893)
ASC 718 fair value of awards granted during the year that remain unvested as of and determined on the last day of each year$— $13,410,597 $— $4,447,851 $— $8,379,696 $796,588,250 $15,049,657 
ASC 718 fair value of awards granted during the year that vested during the year, determined as of vest date.
$— $3,223,356 $— $691,030 $— $— $— $— 
Change in ASC 718 fair value of awards granted in prior years that are outstanding and unvested as of the last date of the year, determined based on change in ASC 718 fair value from the last date of the prior year to the last date of the year.$243,698,920 $3,830,205 $(686,674,640)$(6,215,760)$(36,118,920)$1,765,460 $— $56,913,754 
Change in ASC 718 fair value for awards granted in prior years that vested during the year, determined based on change from the last day of the previous year to the vest date.$— $1,518,643 $— $(14,806,672)$— $12,400,820 $— $29,531,993 
Total Adjustments (subtotal)$243,698,920 $21,982,800 $(686,674,640)$(23,870,767)$(36,118,920)$14,422,343 $383,218,627 $97,899,511 
Compensation actually paid$244,015,351 $22,342,695 $(686,374,419)$(15,533,343)$(35,818,623)$22,896,547 $796,888,547 $101,965,963 
Other adjustments required by Item 402(v) include adjustments for forfeitures, paid dividends, modifications and valuation of pension plans and are excluded from the above table because we did not have any of those elements in our compensation plans for the years covered in this disclosure. 		     
Compensation Actually Paid vs. Total Shareholder Return Screenshot.jpg      
Compensation Actually Paid vs. Net Income Screenshot.jpg      
Compensation Actually Paid vs. Company Selected Measure Screenshot.jpg      
Tabular List, Table
Year End Stock Price (Company selected measure)
      
Total Shareholder Return Amount $ 52 26 79 75
Peer Group Total Shareholder Return Amount 155 99 140 105
Net Income (Loss) $ (558,000,000) $ (1,365,000,000) $ (468,000,000) $ (461,000,000)
Company Selected Measure Amount 99 49 149 143
PEO Name Tony Xu      
Additional 402(v) Disclosure Net Income (loss) as reported on our consolidated statements of operations in our Annual Report on Form 10-K for each of the fiscal years ended December 31, 2023, 2022, 2021, and 2020.      
Measure:: 1        
Pay vs Performance Disclosure        
Name Year End Stock Price (Company selected measure)      
Non-GAAP Measure Description Pursuant to Item 402(v), we determined Year End Stock Price to be the most important financial performance measure used to link Company performance to CAP to our PEO and our Other NEOs in 2023.      
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ (413,369,623)
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 243,698,920 (686,674,640) (36,118,920) 383,218,627
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 796,588,250
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 243,698,920 (686,674,640) (36,118,920) 0
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (10,471,303) (7,987,216) (8,123,633) (3,595,893)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 21,982,800 (23,870,767) 14,422,343 97,899,511
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 13,410,597 4,447,851 8,379,696 15,049,657
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,830,205 (6,215,760) 1,765,460 56,913,754
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,223,356 691,030 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 1,518,643 $ (14,806,672) $ 12,400,820 $ 29,531,993