Jason Robins - 21 Oct 2021 Form 4 Insider Report for DraftKings Inc.

Role
Officer, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
N/A
Transactions as of
21 Oct 2021
Net transactions value
-$16,442,008
Form type
4
Filing time
22 Oct 2021, 20:15:16 UTC
Previous filing
15 Sep 2021
Next filing
26 Oct 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 $15,902,524 -322,501 -7.7% $49.31* 3,847,335 21 Oct 2021 Direct F1, F2
transaction DKNG Class A Common Stock Sale $539,483 -10,833 -0.28% $49.80* 3,836,502 21 Oct 2021 Direct F1, F3
* 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 $48.76 to $49.755, 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 $49.76 to $49.84, inclusive.

Remarks:

Chief Executive Officer and Chairman of the Board. In addition, Jason Robins is the sole holder of 393,013,951 shares of Class B Common Stock of the Issuer, which are not registered securities.