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

Role
Officer, Director
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, 16:24:20 UTC
Previous filing
24 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 -100,000 -2.6% $0.000000 3,707,060 09 Mar 2021 Direct F1
transaction DKNG Class A Common Stock Gift $0 -200,000 -5.4% $0.000000 3,507,060 09 Mar 2021 Direct F2
transaction DKNG Class A Common Stock Gift $0 -83,000 -2.4% $0.000000 3,424,060 09 Mar 2021 Direct F3
transaction DKNG Class A Common Stock Gift $0 +83,000 $0.000000 83,000 09 Mar 2021 Held by the Robins Family GST Trust 2021 F3
transaction DKNG Class A Common Stock Gift $0 -63,959 -1.9% $0.000000 3,360,101 14 Dec 2021 Direct F4
transaction DKNG Class A Common Stock Gift $0 -15,990 -0.48% $0.000000 3,344,111 14 Dec 2021 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a bona fide gift of the Issuer's Class A Common Stock (the "Common Stock") to the aunt of the Reporting Person's wife. There was no purchase or sale of shares of Common Stock in connection with the transfer.
F2 Represents a bona fide gift of the Common Stock to the Reporting Person's parents. There was no purchase or sale of shares of Common Stock in connection with the transfer.
F3 Represents a bona fide gift of the Common Stock to the Robins Family GST Trust 2021, for the benefit of the Reporting Person's descendants. There was no purchase or sale of shares of Common Stock in connection with the transfer. The reporting person disclaims beneficial ownership of the Common Stock except to the extent of his pecuniary interest therein.
F4 Represents a bona fide gift of the Common Stock to a non-profit organization. There was no purchase or sale of shares of Common Stock in connection with the transfer.
F5 Represents a bona fide gift of the Common Stock to a non-profit educational institution. There was no purchase or sale of shares of Common Stock in connection with the transfer.

Remarks:

Chief Executive Officer and Chairman of the Board. In addition, Jason Robins is the sole holder of 393,013,951 shares of Class B Common Stock of the Issuer, which are not registered securities.