Form 4 for DKNG DraftKings Inc.
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-16 · accession 0001104659-24-026190 · 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 | 2024-02-21 | 2024-02-16 | DKNG | SLOAN HARRY | Dir | M - OptEx | — | +929.1K | 1.11M | +524% | — |
| D | 2024-02-21 | 2024-02-16 | DKNG | SLOAN HARRY | Dir | F - Tax | $42.01 | -254.4K | 851.9K | -23% | -$10.69M |
| D | 2024-02-21 | 2024-02-16 | DKNG | SLOAN HARRY | Dir | M - OptEx | $0.00 | -929.1K | 0 | -100% | $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 | 2024-02-16 | M | A | 929,099 | — | 1,106,272 | D | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exchange of warrants for common stock for $11.50 per share on a cashless basis in a private transaction entered into between the Reporting Person and the Issuer. The Reporting Person received the net of 929,099 shares of Class A Common Stock underlying the warrants for common stock listed in Table II, and 254,354 shares of Class A Common Stock withheld by the issuer in consideration of the exercise of the warrants for common stock. |
| 2 | Common | Class A Common Stock | 2024-02-16 | F | D | 254,354 | $42.01 | 851,918 | D | — | — | |
| 3 | Derivative | Warrant for Common Stock | 2024-02-16 | M | D | 929,099 | $0.00 | 0 | D | $11.50 · 2020-05-23 to 2025-04-23 | 929,099 Class A Common Stock | (F2) Each warrant to purchase Class A Common Stock is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share. |