Paul Liberman - May 27, 2021 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
President, Global Technology and Product, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
May 27, 2021
Transactions value $
-$4,220,205
Form type
4
Date filed
5/28/2021, 08:16 PM
Previous filing
May 25, 2021
Next filing
Jun 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Sale -$1.95M -39.5K -2.06% $49.28* 1.88M May 27, 2021 Direct F1, F2
transaction DKNG Class A Common Stock Sale -$2.27M -45.5K -2.42% $49.97* 1.84M May 27, 2021 Direct F1, F3
holding DKNG Class A Common Stock 4.29K May 27, 2021 Held by the Paul Liberman 2015 Revocable Trust
holding DKNG Class A Common Stock 272K May 27, 2021 Held by the Paul Liberman 2020 Trust
holding DKNG Class A Common Stock 13.6K May 27, 2021 Held by the Liberman Grantor Retained Annuity Trust of 2020
holding DKNG Class A Common Stock 200K May 27, 2021 Held by the Rachel Nager Liberman 2015 Revocable Trust
holding DKNG Class A Common Stock 200K May 27, 2021 Held by the Paul Liberman 2020 Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.58 to $49.56, 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 2 and 3 to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.60 to $50.56, inclusive.

Remarks:

President, Global Technology and Product