Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DKNG | Class A Common Stock | Award | $0 | +500K | +14.9% | $0.00 | 3.86M | Mar 14, 2022 | Direct | F1 |
transaction | DKNG | Class A Common Stock | Award | $0 | +278K | +7.21% | $0.00 | 4.13M | Mar 14, 2022 | Direct | F2 |
transaction | DKNG | Class A Common Stock | Award | $0 | +500K | +12.09% | $0.00 | 4.63M | Mar 15, 2022 | Direct | F1 |
transaction | DKNG | Class A Common Stock | Award | $0 | +278K | +6% | $0.00 | 4.91M | Mar 15, 2022 | Direct | F2 |
transaction | DKNG | Class A Common Stock | Sale | -$4.89M | -314K | -6.4% | $15.54* | 4.6M | Mar 15, 2022 | Direct | F3 |
transaction | DKNG | Class A Common Stock | Sale | -$378K | -23.5K | -0.51% | $16.08* | 4.57M | Mar 15, 2022 | Direct | F4 |
transaction | DKNG | Class A Common Stock | Sale | -$2.39M | -141K | -3.09% | $16.91* | 4.43M | Mar 16, 2022 | Direct | F5 |
transaction | DKNG | Class A Common Stock | Sale | -$3.18M | -179K | -4.04% | $17.75* | 4.25M | Mar 16, 2022 | Direct | F6 |
holding | DKNG | Class A Common Stock | 83K | Mar 14, 2022 | Held by the Robins Family GST Trust 2021 | ||||||
holding | DKNG | Class A Common Stock | 141K | Mar 14, 2022 | Held by Robins September 2020 Grantor Retained Annuity Trust |
Id | Content |
---|---|
F1 | Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan (the "Plan"), which vested upon the achievement of certain performance goals. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F2 | Represents the vesting of the performance-based restricted stock units ("PSUs") granted pursuant to the Plan, which vested upon the achievement of certain performance criteria. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F3 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.02 to $16.01, 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 sold at each separate price within the range set forth in footnotes 3, 4, 5 and 6 to this Form 4. |
F4 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.02 to $16.16, inclusive. |
F5 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.35 to $17.34, inclusive. |
F6 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.35 to $18.09, inclusive. |
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.