Form 4 for DKNG DraftKings Inc.
Accepted 2025-02-24 00:00:00 ET · period of report 2025-02-20 · accession 0001104659-25-016651 · 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 | 2025-02-24 | 2025-02-22 | DKNG | Kalish Matthew | See Remarks, Dir | M - OptEx | — | +5,317 | 4.12M | +0.1% | — |
| DM | 2025-02-24 | 2025-02-21 | DKNG | Kalish Matthew | See Remarks, Dir | S - Sale+OE | $47.05 | -587.6K | 4.48M | -12% | -$27.65M |
| D | 2025-02-24 | 2025-02-22 | DKNG | Kalish Matthew | See Remarks, Dir | F - Tax | $45.57 | -2,571 | 4.12M | -0.1% | -$117.2K |
| D | 2025-02-24 | 2025-02-20 | DKNG | Kalish Matthew | See Remarks, Dir | A - Grant | $0.00 | +1.16M | 4.71M | +33% | $0 |
| D | 2025-02-24 | 2025-02-22 | DKNG | Kalish Matthew | See Remarks, Dir | M - OptEx | $0.00 | -5,317 | 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 | 2025-02-22 | M | A | 5,317 | — | 4,124,244 | D | — | — | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F8) 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 5,317 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,571 shares of Class A Common Stock withheld by the Issuer. |
| 2 | Common | Class A Common Stock | 2025-02-21 | S | D | 58,089 | $48.99 | 4,118,927 | D | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.57 to $49.46, inclusive. See the last sentence of footnote 4 to this Form 4 above. |
| 3 | Common | Class A Common Stock | 2025-02-21 | S | D | 181,698 | $47.86 | 4,177,016 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.57 to $48.53, inclusive. See the last sentence of footnote 4 to this Form 4 above. |
| 4 | Common | Class A Common Stock | 2025-02-21 | S | D | 116,529 | $47.10 | 4,358,714 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.57 to $47.56, inclusive. See the last sentence of footnote 4 to this Form 4 above. |
| 5 | Common | Class A Common Stock | 2025-02-21 | S | D | 231,269 | $45.90 | 4,475,243 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.57 to $46.56, 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 4, 5, 6 and 7 to this Form 4. |
| 6 | Common | Class A Common Stock | 2025-02-22 | F | D | 2,571 | $45.57 | 4,121,673 | D | — | — | |
| 7 | Common | Class A Common Stock | 2025-02-20 | A | A | 1,156,506 | $0.00 | 4,706,512 | D | — | — | (F1) Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals. (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 8 | Derivative | Restricted Stock Units | 2025-02-22 | M | D | 5,317 | $0.00 | 0 | D | — · — to — | 5,317 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F8) 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 5,317 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,571 shares of Class A Common Stock withheld by the Issuer. (F9) On February 22, 2021, the Reporting Person was granted 85,078 RSUs vesting quarterly over four (4) years. |