Form 4 for DKNG DraftKings Inc.
Accepted 2022-11-14 00:00:00 ET · period of report 2022-11-09 · accession 0001104659-22-118841 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-14 | 2022-11-09 | DKNG | Robins Jason | See Remarks, Dir | F - Tax | $11.66 | -17.0K | 4.67M | -0.4% | -$198.1K |
| D | 2022-11-14 | 2022-11-09 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | — | +38.2K | 4.68M | +0.8% | — |
| D | 2022-11-14 | 2022-11-09 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $0.00 | -38.2K | 496.8K | -7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-11-09 | F | D | 16,993 | $11.66 | 4,667,921 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-11-09 | M | A | 38,216 | — | 4,684,914 | D | — | — | (F1) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 38,216 shares of Class A Common Stock underlying the RSUs listed in Table II, and 16,993 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F3) Reflects the transfer of 141,092 shares of Class A Common Stock to the Reporting Person previously reported as indirectly held by the Reporting Person through the Robins September 2020 Grantor Retained Annual Trust, of which the Reporting Person serves as the Trustee and is the sole annuitant. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer. |
| 3 | Derivative | Restricted Stock Units | 2022-11-09 | M | D | 38,216 | $0.00 | 496,818 | D | — · — to — | 38,216 Class A Common Stock | (F1) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 38,216 shares of Class A Common Stock underlying the RSUs listed in Table II, and 16,993 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F2) On February 9, 2022, the Reporting Person was granted 611,468 RSUs vesting quarterly over four (4) years. |