Form 4 for DKNG DraftKings Inc.
Accepted 2022-12-30 00:00:00 ET · period of report 2022-12-29 · accession 0001104659-22-131452 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-12-30 | 2022-12-29 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $2.64 | +1.02M | 5.69M | +22% | +$2.70M |
| DM | 2022-12-30 | 2022-12-29 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $0.00 | -1.02M | 0 | -100% | $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 | 2022-12-29 | M | A | 394,660 | $0.63 | 5,415,815 | D | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash. |
| 2 | Common | Class A Common Stock | 2022-12-29 | M | A | 350,000 | $3.29 | 5,021,155 | D | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash. |
| 3 | Common | Class A Common Stock | 2022-12-29 | M | A | 277,033 | $4.70 | 5,692,848 | D | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash. |
| 4 | Derivative | Stock Option | 2022-12-29 | M | D | 277,033 | $0.00 | 140,037 | D | $4.70 · — to 2029-06-04 | 277,033 Class A Common Stock | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash. (F6) Reflects the transfer of 67,066 stock options previously reported as indirectly held by the Robins September 2020 Grantor Retained Annuity Trust to the Reporting Person directly. (F2) These stock options were granted on June 4, 2019. As of the date hereof, none of such remaining stock options have vested. The remaining stock options will vest in two (2) equal quarterly installments beginning on March 1, 2023. |
| 5 | Derivative | Stock Option | 2022-12-29 | M | D | 350,000 | $0.00 | 6,512,289 | D | $3.29 · — to 2028-04-18 | 350,000 Class A Common Stock | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash. (F4) Reflects the transfer of 6,862,289 stock options previously reported as indirectly held by the Robins September 2020 Grantor Retained Annuity Trust to the Reporting Person directly, which transfer was completed prior to the exercise reported above. (F3) The options are vested and currently exercisable. |
| 6 | Derivative | Stock Option | 2022-12-29 | M | D | 394,660 | $0.00 | 0 | D | $0.63 · — to 2026-03-24 | 394,660 Class A Common Stock | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash. (F5) Reflects the transfer of 394,660 stock options previously reported as indirectly held by the Robins Grantor Retained Annuity Trust 2020 to the Reporting Person directly. (F3) The options are vested and currently exercisable. |