Jason Park - 31 Dec 2021 Form 5 Insider Report for DraftKings Inc.

Role
Chief Financial Officer
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
N/A
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
14 Feb 2022, 16:23:45 UTC
Previous filing
26 Nov 2021
Next filing
25 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Gift $0 -2,500 -2% $0.000000 123,636 12 Aug 2021 Direct F1
holding DKNG Class A Common Stock 100,000 31 Dec 2021 Held by Park Family 2021 Grantor Retained Annuity Trust F2
holding DKNG Class A Common Stock 100,000 31 Dec 2021 Held by Park Family 2021 GRAT II F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a bona fide charitable gift of the Issuer's Class A Common Stock (the "Common Stock") from the Reporting Person to a donor-advised fund. There was no purchase or sale of shares of Common Stock in connection with the transfer.
F2 Includes 100,000 shares of Common Stock previously reported as directly beneficially owned by the Reporting Person, which were transferred to the Park Family 2021 Grantor Retained Annuity Trust, of which the Reporting Person serves as the Trustee and is the sole annuitant. There was no purchase or sale of shares of Common Stock in connection with the transfer. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by the Park Family 2021 Grantor Retained Annuity Trust except to the extent of his pecuniary interest therein.
F3 Includes 100,000 shares of Common Stock previously reported as directly beneficially owned by the Reporting Person, which were transferred to the Park Family 2021 GRAT II, of which the Reporting Person serves as the Trustee and is the sole annuitant. There was no purchase or sale of shares of Common Stock in connection with the transfer. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by the Park Family 2021 GRAT II except to the extent of his pecuniary interest therein.