Form 4 for DKNG DraftKings Inc.
Accepted 2023-10-24 00:00:00 ET · period of report 2023-10-23 · accession 0001104659-23-111167 · 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 | 2023-10-24 | 2023-10-23 | DKNG | Park Jason | CFO | M - OptEx | — | +4,635 | 347.6K | +1% | — |
| D | 2023-10-24 | 2023-10-23 | DKNG | Park Jason | CFO | F - Tax | $28.15 | -2,242 | 345.4K | -0.6% | -$63.1K |
| D | 2023-10-24 | 2023-10-23 | DKNG | Park Jason | CFO | M - OptEx | $0.00 | -4,635 | 9,270 | -33% | $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 | 2023-10-23 | M | A | 4,635 | — | 347,606 | 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 4,635 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,242 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) Reflects the transfer of 100,000 shares of Class A Common Stock previously reported as indirectly held by the Park Family 2022 Grantor Retained Annuity Trust V to the Reporting Person. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer. |
| 2 | Common | Class A Common Stock | 2023-10-23 | F | D | 2,242 | $28.15 | 345,364 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-10-23 | M | D | 4,635 | $0.00 | 9,270 | D | — · — to — | 4,635 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 4,635 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,242 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. (F3) On August 11, 2020, the Reporting Person was granted 74,158 RSUs vesting quarterly over 4 years from April 23, 2020, with any RSUs scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining RSUs occurring on October 23, 2020 and each quarter thereafter. |