Hany M. Nada - 08 Mar 2022 Form 4 Insider Report for DraftKings Inc.

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
N/A
Transactions as of
08 Mar 2022
Net transactions value
+$872,500
Form type
4
Filing time
10 Mar 2022, 07:27:20 UTC
Previous filing
04 Mar 2022
Next filing
16 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Purchase $872,500 +50,000 +80% $17.45* 112,372 08 Mar 2022 Direct F1, F2
holding DKNG Class A Common Stock 1,079,273 08 Mar 2022 2018 Nada Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2022, the Reporting Person purchased 50,000 shares of Class A Common Stock, par value $0.0001 per share, of the Issuer in open market transactions.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased at prices ranging from $17.42 to $17.46, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.