Jason Park - Dec 31, 2021 Form 5 Insider Report for DraftKings Inc. (DKNG)

Role
Chief Financial Officer
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/14/2022, 04:23 PM
Previous filing
Nov 26, 2021
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 Gift $0 -2.5K -1.98% $0.00 124K Aug 12, 2021 Direct F1
holding DKNG Class A Common Stock 100K Dec 31, 2021 Held by Park Family 2021 Grantor Retained Annuity Trust F2
holding DKNG Class A Common Stock 100K Dec 31, 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.