Matthew Kalish - Jan 20, 2022 Form 4 Insider Report for DraftKings Inc. (DKNG)

Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Jan 20, 2022
Transactions value $
$26,503
Form type
4
Date filed
1/24/2022, 07:43 AM
Previous filing
Feb 14, 2022
Next filing
Jan 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise $26.5K +42.1K +2.24% $0.63* 1.92M Jan 20, 2022 Direct F1
holding DKNG Class A Common Stock 258K Jan 20, 2022 Held by Matthew P. Kalish 2020 Trust
holding DKNG Class A Common Stock 6.57K Jan 20, 2022 Held by Kalish Family 2020 Irrevocable Trusts

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 -42.1K -31% $0.00 93.6K Jan 20, 2022 Class A Common Stock 42.1K $0.63 Direct F1, F2
* 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.

Remarks:

President - DraftKings, North America