Form 4 for DKNG DraftKings Inc.
Accepted 2024-03-01 00:00:00 ET · period of report 2024-03-01 · accession 0001104659-24-030141 · 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 | 2024-03-01 | 2024-03-01 | DKNG | Park Jason | CFO | F - Tax | $43.53 | -6,672 | 322.3K | -2% | -$290.4K |
| D | 2024-03-01 | 2024-03-01 | DKNG | Park Jason | CFO | M - OptEx | — | +14.1K | 329.0K | +4% | — |
| D | 2024-03-01 | 2024-03-01 | DKNG | Park Jason | CFO | M - OptEx | $0.00 | -14.1K | 169.4K | -8% | $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 | 2024-03-01 | F | D | 6,672 | $43.53 | 322,305 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-03-01 | M | A | 14,118 | — | 328,977 | 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 14,118 shares of Class A Common Stock underlying the RSUs listed in Table II, and 6,672 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 42,689 shares of Class A Common Stock previously reported as indirectly held by the Park Family 2022 Grantor Retained Annuity Trust III to the Reporting Person. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer. |
| 3 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 14,118 | $0.00 | 169,411 | D | — · — to — | 14,118 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 14,118 shares of Class A Common Stock underlying the RSUs listed in Table II, and 6,672 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 February 13, 2023, the Reporting Person was granted 225,882 RSUs vesting quarterly over four (4) years. |