Form 4 for DKNG DraftKings Inc.
Accepted 2024-05-10 00:00:00 ET · period of report 2024-05-08 · accession 0001104659-24-060079 · 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 | 2024-05-10 | 2024-05-09 | DKNG | Kalish Matthew | See Remarks, Dir | F - Tax | $44.03 | -13.7K | 3.45M | -0.4% | -$602.7K |
| DM | 2024-05-10 | 2024-05-08+ | DKNG | Kalish Matthew | See Remarks, Dir | M - OptEx | $4.70 | +49.6K | 3.47M | +1% | +$233.2K |
| DM | 2024-05-10 | 2024-05-08+ | DKNG | Kalish Matthew | See Remarks, Dir | M - OptEx | $0.00 | -49.6K | 198.2K | -20% | $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 | 2024-05-09 | F | D | 13,688 | $44.03 | 3,452,259 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-05-08 | M | A | 21,302 | $4.70 | 3,437,638 | D | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash. |
| 3 | Common | Class A Common Stock | 2024-05-09 | M | A | 28,309 | — | 3,465,947 | D | — | — | (F2) 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 28,309 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,688 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. |
| 4 | Derivative | Stock Option | 2024-05-08 | M | D | 21,302 | $0.00 | 684,038 | D | $4.70 · — to 2029-06-04 | 21,302 Class A Common Stock | (F3) These stock options were granted on June 4, 2019. As of the date hereof, all such remaining stock options have vested. On January 4, 2023, the Reporting Person's options were reported on a disaggregated basis, excluding 406,671 options from the Reporting Person's beneficial holdings on Column 9 previously reported on May 9, 2022. The number of options in Column 9 now reflects the aggregated beneficial holdings of the Reporting Person. |
| 5 | Derivative | Restricted Stock Units | 2024-05-09 | M | D | 28,309 | $0.00 | 198,161 | D | — · — to — | 28,309 Class A Common Stock | (F2) 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 28,309 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,688 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 February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years. |