Form 4 for DKNG DraftKings Inc.
Accepted 2023-06-30 00:00:00 ET · period of report 2023-06-29 · accession 0001104659-23-077278 · 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 | 2023-06-30 | 2023-06-29 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $4.70 | +21.3K | 4.76M | +0.4% | +$100.1K |
| D | 2023-06-30 | 2023-06-29 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $0.00 | -21.3K | 1.31M | -2% | $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 | 2023-06-29 | M | A | 21,302 | $4.70 | 4,763,239 | 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 and the tax withholdings in cash. (F2) Reflects the prior transfer of 586,696 shares of Common Stock previously reported as directly owned by the Reporting Person, which were previously transferred to the Concord Trust Company LLC TR UA (04/21/2020) Jason Robins 2020 Trust. There was no purchase or sale of shares of Common Stock in connection with the transfer. |
| 2 | Derivative | Stock Option | 2023-06-29 | M | D | 21,302 | $0.00 | 1,311,412 | D | $4.70 · — to 2029-06-04 | 21,302 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 1,192,737 stock options previously reported as indirectly held by the Robins December 2021 Grantor Retained Annuity Trust to the Reporting Person directly. Additionally, the reported amount reflects an adjustment to correct previous filings which overreported the Reporting Person's holdings by 60 stock options. (F3) These stock options were granted on June 4, 2019. As of the date hereof, all of such remaining stock options have vested. |