Form 4 for DKNG DraftKings Inc.
Accepted 2024-08-27 00:00:00 ET · period of report 2024-08-26 · accession 0001104659-24-093547 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-08-27 | 2024-08-26 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | $0.63 | +88.4K | 2.59M | +4% | +$55.7K |
| DMI | 2024-08-27 | 2024-08-26 | DKNG | Liberman Paul | See Remarks, Dir | S - Sale+OE | $35.64 | -88.4K | 2.50M | -3% | -$3.15M |
| DMI | 2024-08-27 | 2024-08-26 | DKNG | Liberman Paul | See Remarks, Dir | M - OptEx | $0.00 | -88.4K | 176.9K | -33% | $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 | 2024-08-26 | M | A | 74,097 | $0.63 | 2,572,580 | I Held by the Paul Liberman 2015 Revocable Trust | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash. |
| 2 | Common | Class A Common Stock | 2024-08-26 | M | A | 14,344 | $0.63 | 2,586,924 | I Held by the Paul Liberman 2015 Revocable Trust | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash. |
| 3 | Common | Class A Common Stock | 2024-08-26 | S | D | 78,466 | $35.56 | 2,508,458 | I Held by the Paul Liberman 2015 Revocable Trust | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.08 to $36.04, 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 3 and 4 to this Form 4. |
| 4 | Common | Class A Common Stock | 2024-08-26 | S | D | 9,975 | $36.25 | 2,498,483 | I Held by the Paul Liberman 2015 Revocable Trust | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.09 to $36.49, inclusive. See the last sentence of footnote 3 to this Form 4 above. |
| 5 | Derivative | Stock Option | 2024-08-26 | M | D | 74,097 | $0.00 | 0 | I Held by the Paul Liberman 2015 Revocable Trust | $0.63 · — to 2025-02-18 | 74,097 Class A Common Stock | (F5) These stock options were granted on February 10, 2016. As of the date hereof, all such remaining stock options have vested. |
| 6 | Derivative | Stock Option | 2024-08-26 | M | D | 14,344 | $0.00 | 176,882 | I Held by the Paul Liberman 2015 Revocable Trust | $0.63 · — to 2025-08-27 | 14,344 Class A Common Stock | (F5) These stock options were granted on February 10, 2016. As of the date hereof, all such remaining stock options have vested. |