Form 4 for DKNG DraftKings Inc.
Accepted 2025-02-14 00:00:00 ET · period of report 2025-02-12 · accession 0001104659-25-014380 · 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 | 2025-02-14 | 2025-02-12 | DKNG | Robins Jason | See Remarks, Dir | S - Sale+OE | $45.00 | -200.0K | 2.68M | -7% | -$9.00M |
| D | 2025-02-14 | 2025-02-12 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $0.63 | +200.0K | 2.88M | +7% | +$126.0K |
| D | 2025-02-14 | 2025-02-12 | DKNG | Robins Jason | See Remarks, Dir | M - OptEx | $0.00 | -200.0K | 53 | -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 | 2025-02-12 | S | D | 200,000 | $45.00 | 2,678,613 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.04, 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 this footnote 3 to this Form 4. |
| 2 | Common | Class A Common Stock | 2025-02-12 | M | A | 200,000 | $0.63 | 2,878,613 | D | — | — | (F1) The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash. |
| 3 | Derivative | Stock Option | 2025-02-12 | M | D | 200,000 | $0.00 | 53 | D | $0.63 · — to 2026-03-24 | 200,000 Class A Common Stock | (F4) These stock options were granted on March 24, 2016. As of the date hereof, all of such remaining stock options have vested. |