Matthew Kalish - 17 Nov 2021 Form 4/A - Amendment Insider Report for DraftKings Inc.

Role
President - DraftKings, North America, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
N/A
Transactions as of
17 Nov 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
07 Dec 2021, 07:01:03 UTC
Date Of Original Report
19 Nov 2021
Previous filing
12 Nov 2021
Next filing
24 Nov 2021
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 Employee Stock Option Options Exercise $0 -10,000 -5.3% $0.000000 177,787 17 Nov 2021 Class A Common Stock 10,000 $0.6300 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of options and paid the aggregate exercise price and the tax withholdings in cash.
F2 The options are vested and currently exercisable.
F3 This Form 4 amendment is being filed solely to correct the number of derivative securities beneficially owned by the Reporting Person following the reported transaction. The original Form 4 filing erroneously reported 199,752 derivative securities remaining. The corrected number of derivative securities remaining following this transaction is 177,787. Other than as described in this footnote, there are no other changes from the original Form 4, including the transactions triggering the original Form 4.

Remarks:

President - DraftKings, North America