Form 4 for DKNG DraftKings Inc.
Accepted 2023-01-25 00:00:00 ET · period of report 2023-01-23 · accession 0001104659-23-006644 · 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 | 2023-01-25 | 2023-01-23 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | — | +6,239 | 944.1K | +0.7% | — |
| D | 2023-01-25 | 2023-01-23 | DKNG | Liberman Paul | See Remarks, Dir | F - Tax | $14.56 | -2,182 | 941.9K | -0.2% | -$31.8K |
| D | 2023-01-25 | 2023-01-23 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | $0.00 | -6,239 | 31.2K | -17% | $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 | 2023-01-23 | M | A | 6,239 | — | 944,095 | D | — | — | (F1) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 6,239 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 2,182 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-01-23 | F | D | 2,182 | $14.56 | 941,913 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-01-23 | M | D | 6,239 | $0.00 | 31,196 | D | — · — to — | 6,239 Class A Common Stock | (F1) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 6,239 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 2,182 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F2) On August 11, 2020, the Reporting Person was granted 99,828 restricted stock units, vesting quarterly over 4 years from April 23, 2020, with any restricted stock units scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining restricted stock units occurring on October 23, 2020 and each quarter thereafter. |