Form 4 for DKNG DraftKings Inc.

Accepted 2023-08-04 00:00:00 ET · period of report 2023-08-04 · accession 0001104659-23-087941 · 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	2023-08-04	2023-08-04	DKNG	Kalish Matthew	See Remarks, Dir	M - OptEx	$3.29	+311.2K	3.10M	+11%	+$1.02M
D	2023-08-04	2023-08-04	DKNG	Kalish Matthew	See Remarks, Dir	S - Sale+OE	$34.30	-311.2K	2.79M	-10%	-$10.67M
D	2023-08-04	2023-08-04	DKNG	Kalish Matthew	See Remarks, Dir	M - OptEx	$0.00	-311.2K	242.1K	-56%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-08-04	M	A	311,207	$3.29	3,099,407	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	2023-08-04	S	D	311,207	$34.30	2,788,200	D	—	—	(F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.20 to $34.47, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 3 to this Form 4.
3	Derivative	Stock Option	2023-08-04	M	D	311,207	$0.00	242,101	D	$3.29 · — to 2028-04-18	311,207 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 options are vested and currently exercisable.