Form 4 for DKNG DraftKings Inc.
Accepted 2023-08-23 00:00:00 ET · period of report 2023-08-22 · accession 0001104659-23-094617 · 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 | 2023-08-23 | 2023-08-22 | DKNG | Park Jason | CFO | F - Tax | $27.24 | -1,286 | 235.7K | -0.5% | -$35.0K |
| D | 2023-08-23 | 2023-08-22 | DKNG | Park Jason | CFO | M - OptEx | — | +2,659 | 237.0K | +1% | — |
| D | 2023-08-23 | 2023-08-22 | DKNG | Park Jason | CFO | M - OptEx | $0.00 | -2,659 | 16.0K | -14% | $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 | 2023-08-22 | F | D | 1,286 | $27.24 | 235,680 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-08-22 | M | A | 2,659 | — | 236,966 | 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 2,659 shares of Class A Common Stock underlying the RSUs listed in Table II, and 1,286 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. |
| 3 | Derivative | Restricted Stock Units | 2023-08-22 | M | D | 2,659 | $0.00 | 15,952 | D | — · — to — | 2,659 Class A Common Stock | (F3) The reported amount reflects an adjustment to correct previous filings which overreported the Reporting Person's holdings by 7,976 RSUs. (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 2,659 shares of Class A Common Stock underlying the RSUs listed in Table II, and 1,286 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 22, 2021, the Reporting Person was granted 42,539 RSUs vesting quarterly over 4 years. |