Form 4 for DKNG DraftKings Inc.
Accepted 2024-04-24 00:00:00 ET · period of report 2024-04-23 · accession 0001104659-24-051357 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-04-24 | 2024-04-23 | DKNG | Dodge R Stanton | CLO | M - OptEx | — | +5,525 | 232.7K | +2% | — |
| DM | 2024-04-24 | 2024-04-23 | DKNG | Dodge R Stanton | CLO | F - Tax | $41.21 | -2,418 | 231.9K | -1% | -$99.6K |
| DM | 2024-04-24 | 2024-04-23 | DKNG | Dodge R Stanton | CLO | M - OptEx | $0.00 | -5,525 | 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 | 2024-04-23 | M | A | 3,565 | — | 232,309 | 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 3,565 shares of Class A Common Stock underlying the RSUs listed in Table II, and 1,560 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. |
| 2 | Common | Class A Common Stock | 2024-04-23 | F | D | 1,560 | $41.21 | 230,749 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-04-23 | F | D | 858 | $41.21 | 231,851 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-04-23 | M | A | 1,960 | — | 232,709 | D | — | — | (F2) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 1,960 shares of Class A Common Stock underlying the RSUs listed in Table II, and 858 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. |
| 5 | Derivative | Restricted Stock Units | 2024-04-23 | M | D | 1,960 | $0.00 | 0 | D | — · — to — | 1,960 Class A Common Stock | (F2) No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 1,960 shares of Class A Common Stock underlying the RSUs listed in Table II, and 858 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. (F4) On April 28, 2023, the Reporting Person was granted 9,412 RSUs vesting in equal monthly installments over one (1) year from April 23, 2023. Further, on April 28, 2023, the vesting terms of an additional 14,119 RSUs previously granted to the Reporting Person on February 13, 2023 were amended to provide that such RSUs will vest on the same schedule. |
| 6 | Derivative | Restricted Stock Units | 2024-04-23 | M | D | 3,565 | $0.00 | 0 | D | — · — to — | 3,565 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 3,565 shares of Class A Common Stock underlying the RSUs listed in Table II, and 1,560 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 57,045 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. |