Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DKNG | Class A Common Stock | Sale | -$13.5M | -225K | -17.25% | $60.01* | 1.08M | Aug 25, 2021 | 2018 Nada Family Trust | F1, F2, F3 |
holding | DKNG | Class A Common Stock | 12.4K | Aug 25, 2021 | Direct |
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 $60.00 to $60.14, 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 2. |
F3 | In a series of transactions between January and May of 2021, the reporting person contributed an aggregate of 1,304,273, directly owned shares of Class A Common Stock to the 2018 Nada Family Trust (the "Trust"). The reporting person serves as trustee of the Trust along with his spouse. |