Form 4 for DKNG DraftKings Inc.
Accepted 2023-06-02 00:00:00 ET · period of report 2023-06-01 · accession 0001104659-23-067698 · 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 | 2023-06-02 | 2023-06-01 | DKNG | Dodge R Stanton | CLO | M - OptEx | — | +11.0K | 632.7K | +2% | — |
| D | 2023-06-02 | 2023-06-01 | DKNG | Dodge R Stanton | CLO | F - Tax | $24.43 | -4,826 | 627.9K | -0.8% | -$117.9K |
| D | 2023-06-02 | 2023-06-01 | DKNG | Dodge R Stanton | CLO | M - OptEx | $0.00 | -11.0K | 165.4K | -6% | $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 | 2023-06-01 | M | A | 11,030 | — | 632,746 | 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 11,030 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,826 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. |
| 2 | Common | Class A Common Stock | 2023-06-01 | F | D | 4,826 | $24.43 | 627,920 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 11,030 | $0.00 | 165,439 | D | — · — to — | 11,030 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 11,030 shares of Class A Common Stock underlying the RSUs listed in Table II, and 4,826 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 13, 2023, the Reporting Person was granted 190,588 RSUs vesting quarterly over four (4) years. On April 28, 2023, the vesting terms of 14,119 of such RSUs were amended to provide for vesting in equal monthly installments over one (1) year from April 23, 2023. Accordingly, such 14,119 RSUs are no longer included in the Reporting Person's holdings with respect to the February 13, 2023 grant of 190,588 RSUs. |