| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Sale | -$11.6M | -193K | -1.58% | $60.08* | 12M | Aug 30, 2021 | See footnote | F1, F2 |
| transaction | DKNG | Class A Common Stock | Sale | -$7.31M | -122K | -1.01% | $60.13* | 11.9M | Aug 31, 2021 | See footnote | F2, F3 |
| transaction | DKNG | Class A Common Stock | Sale | -$39.9M | -656K | -5.53% | $60.81* | 11.2M | Sep 1, 2021 | See footnote | F2, F4 |
| Id | Content |
|---|---|
| F1 | This price is a weighted average price. These shares ("Shares") of Class A Common Stock of DraftKings Inc. were sold in multiple transactions at prices ranging from $60.00 to $60.38, inclusive. The reporting person undertakes to provide the Issuer, 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 ranges set forth in this explanatory note. |
| F2 | These Shares were sold by Raine Associates II LP pursuant to a plan of distribution pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended ("Exchange Act"), that it adopted on May 25, 2021. The Reporting Person disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Exchange Act or for any other purpose. |
| F3 | This price is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $60.00 to $60.39, inclusive. The reporting person undertakes to provide the Issuer, 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 ranges set forth in this explanatory note. |
| F4 | This price is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $60.00 to $61.59, inclusive. The reporting person undertakes to provide the Issuer, 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 ranges set forth in this explanatory note. |