R. Stanton Dodge - Feb 9, 2022 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Chief Legal Officer
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Feb 9, 2022
Transactions value $
$0
Form type
4
Date filed
2/11/2022, 07:38 PM
Previous filing
Jan 25, 2022
Next filing
Feb 24, 2022

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 +226K $0.00 226K Feb 9, 2022 Class A Common Stock 226K Direct F1, F2
transaction DKNG Restricted Stock Units Award $0 +18.1K $0.00 18.1K Feb 9, 2022 Class A Common Stock 18.1K Direct F1, 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 On February 9, 2022, the Reporting Person was granted 226,470 RSUs vesting quarterly over four (4) years.
F3 On February 9, 2022, the Reporting Person was granted 18,118 RSUs vesting in twelve (12) equal monthly installments from April 23, 2022.