Form 4 for DKNG DraftKings Inc.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-02-13 · accession 0001104659-23-028622 · 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 | 2023-03-03 | 2023-03-01 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | $4.30 | +26.1K | 1.68M | +2% | +$112.5K |
| DM | 2023-03-03 | 2023-03-01 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | $0.00 | -26.1K | 0 | -100% | $0 |
| D | 2023-03-03 | 2023-02-13 | DKNG | Liberman Paul | See Remarks, Dir | A - Grant | $0.00 | -352.9K | 352.9K | -50% | $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 | 2023-03-01 | M | A | 18,786 | $4.70 | 1,694,025 | 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 in cash. |
| 2 | Common | Class A Common Stock | 2023-03-01 | M | A | 7,364 | $3.29 | 1,675,239 | 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 in cash. |
| 3 | Derivative | Stock Option | 2023-03-01 | M | D | 18,786 | $0.00 | 2,516 | D | $4.70 · — to 2029-06-04 | 18,786 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 in cash. (F5) These stock options were granted on June 4, 2019. As of the date hereof, 18,786 of such remaining stock options have vested. The remaining stock options will vest on June 1, 2023. |
| 4 | Derivative | Restricted Stock Units | 2023-02-13 | A | D | 352,941 | $0.00 | 352,941 | D | — · — to — | 352,941 Class A Common Stock | (F2) Each restricted stock right ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F3) On February 13, 2023, the Reporting Person was granted 352,941 RSUs vesting quarterly over four (4) years. |
| 5 | Derivative | Stock Option | 2023-03-01 | M | D | 7,364 | $0.00 | 0 | D | $3.29 · — to 2028-04-18 | 7,364 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 in cash. (F4) These stock options were granted on April 18, 2018. As of the date hereof, these stock options are vested and currently exercisable. |