Harry Sloan - Nov 16, 2021 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Nov 16, 2021
Transactions value $
$1,976,000
Form type
4
Date filed
11/18/2021, 08:29 AM
Previous filing
Nov 10, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Purchase $1.98M +50K +383.58% $39.52 63K Nov 16, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 16, 2021, the Reporting Person purchased 50,000 shares of Class A Common Stock, par value $0.0001 per share, of the Issuer in open market transactions.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased at prices ranging from $39.42 to $39.63, 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 purchased at each separate price within the range set forth in this footnote.

Remarks:

The Reporting Person does not have a reportable beneficial interest in the shares of Class A Common Stock held by The Landmark South Dakota Trust UAD 11/20/14 previously included in ownership reports of the Reporting Person and accordingly such shares are not included in Table I of this Form 4.