Form 4 for DKNG DraftKings Inc.
Accepted 2024-01-24 00:00:00 ET · period of report 2024-01-22 · accession 0001104659-24-006342 · 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 | 2024-01-24 | 2024-01-23 | DKNG | Robins Jason | See Remarks, Dir | F - Tax | $38.29 | -3,648 | 3.82M | -0.1% | -$139.7K |
| DM | 2024-01-24 | 2024-01-22 | DKNG | Robins Jason | See Remarks, Dir | S - Sale+OE | $37.82 | -200.0K | 3.82M | -5% | -$7.56M |
| D | 2024-01-24 | 2024-01-23 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | — | +11.6K | 3.83M | +0.3% | — |
| D | 2024-01-24 | 2024-01-23 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $0.00 | -11.6K | 11.6K | -50% | $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 | 2024-01-23 | F | D | 3,648 | $38.29 | 3,823,637 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-01-22 | S | D | 723 | $38.45 | 3,815,698 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a price of $38.45. See the last sentence of footnote 2 to this Form 4 above. |
| 3 | Common | Class A Common Stock | 2024-01-22 | S | D | 199,277 | $37.82 | 3,816,421 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.43 to $38.40, 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 footnotes 2 and 3 to this Form 4. |
| 4 | Common | Class A Common Stock | 2024-01-23 | M | A | 11,587 | — | 3,827,285 | D | — | — | (F4) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 11,587 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 3,648 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 5 | Derivative | Restricted Stock Units | 2024-01-23 | M | D | 11,587 | $0.00 | 11,587 | D | — · — to — | 11,587 Class A Common Stock | (F4) No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 11,587 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 3,648 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F5) On August 11, 2020, the Reporting Person was granted 185,396 restricted stock units, vesting quarterly over 4 years from April 23, 2020, with the vesting of any restricted stock units scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining restricted stock units occurring on October 23, 2020 and each quarter thereafter. |