Hany M. Nada - 02 Nov 2021 Form 4 Insider Report for DraftKings Inc.

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
N/A
Transactions as of
02 Nov 2021
Net transactions value
$0
Form type
4
Filing time
04 Nov 2021, 20:38:24 UTC
Previous filing
27 Aug 2021
Next filing
16 Feb 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DKNG Restricted Stock Units Award $0 +380 $0.000000 380 02 Nov 2021 Class A Common Stock 380 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F3 The RSUs were granted on November 2, 2021 and shall vest in full on the earlier of (i) the next annual meeting of the stockholders of the Issuer following the grant date and (ii) the first anniversary of the grant date.