Matthew Kalish - 11 Jun 2021 Form 4 Insider Report for DraftKings Inc.

Role
President - DraftKings, North America, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
N/A
Transactions as of
11 Jun 2021
Net transactions value
-$3,097,092
Form type
4
Filing time
11 Jun 2021, 21:09:20 UTC
Previous filing
28 May 2021
Next filing
25 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Sale $2,553,741 -47,680 -2.3% $53.56* 2,063,983 11 Jun 2021 Direct F1, F2
transaction DKNG Class A Common Stock Sale $543,351 -10,012 -0.49% $54.27* 2,053,971 11 Jun 2021 Direct F1, F3
holding DKNG Class A Common Stock 257,722 11 Jun 2021 Held by Matthew P. Kalish 2020 Trust
holding DKNG Class A Common Stock 6,568 11 Jun 2021 Held by Kalish Family 2020 Irrevocable Trusts
* 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 $53.035 to $54.02, 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 $54.04 to $54.60, inclusive.

Remarks:

President - DraftKings, North America