Paul Liberman - Mar 14, 2022 Form 4 Insider Report for DraftKings Inc. (DKNG)

Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Mar 14, 2022
Transactions value $
$404,501
Form type
4
Date filed
3/16/2022, 08:22 PM
Previous filing
Mar 2, 2022
Next filing
Apr 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise $76.1K +23.1K +2.73% $3.29* 872K Mar 14, 2022 Direct F1
transaction DKNG Class A Common Stock Options Exercise $119K +188K +15.34% $0.63* 1.42M Mar 14, 2022 Held by the Paul Liberman 2015 Revocable Trust F2
transaction DKNG Class A Common Stock Options Exercise $34K +54K +3.81% $0.63* 1.47M Mar 14, 2022 Held by the Paul Liberman 2015 Revocable Trust F2
transaction DKNG Class A Common Stock Options Exercise $8.31K +13.2K +0.9% $0.63* 1.48M Mar 14, 2022 Held by the Paul Liberman 2015 Revocable Trust F2
transaction DKNG Class A Common Stock Options Exercise $11.3K +3.45K +0.23% $3.29* 1.49M Mar 14, 2022 Held by the Paul Liberman 2015 Revocable Trust F2
transaction DKNG Class A Common Stock Options Exercise $156K +40.9K +2.75% $3.82* 1.53M Mar 14, 2022 Held by the Paul Liberman 2015 Revocable Trust F2
holding DKNG Class A Common Stock 272K Mar 14, 2022 Held by the Paul Liberman 2020 Trust
holding DKNG Class A Common Stock 13.6K Mar 14, 2022 Held by the Liberman Grantor Retained Annuity Trust of 2020
holding DKNG Class A Common Stock 200K Mar 14, 2022 Held by the Rachel Nager Liberman 2015 Revocable Trust
holding DKNG Class A Common Stock 200K Mar 14, 2022 Held by the Paul Liberman 2020 Irrevocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DKNG Employee Stock Option Options Exercise $0 -23.1K -50% $0.00 23.1K Mar 14, 2022 Class A Common Stock 23.1K $3.29 Direct F1, F3
transaction DKNG Employee Stock Option Options Exercise $0 -188K -100% $0.00* 0 Mar 14, 2022 Class A Common Stock 188K $0.63 Held by the Paul Liberman 2015 Revocable Trust F2, F3
transaction DKNG Employee Stock Option Options Exercise $0 -54K -100% $0.00* 0 Mar 14, 2022 Class A Common Stock 54K $0.63 Held by the Paul Liberman 2015 Revocable Trust F2, F3
transaction DKNG Employee Stock Option Options Exercise $0 -13.2K -100% $0.00* 0 Mar 14, 2022 Class A Common Stock 13.2K $0.63 Held by the Paul Liberman 2015 Revocable Trust F2, F3
transaction DKNG Employee Stock Option Options Exercise $0 -3.45K -100% $0.00* 0 Mar 14, 2022 Class A Common Stock 3.45K $3.29 Held by the Paul Liberman 2015 Revocable Trust F2, F3
transaction DKNG Employee Stock Option Options Exercise $0 -40.9K -100% $0.00* 0 Mar 14, 2022 Class A Common Stock 40.9K $3.82 Held by the Paul Liberman 2015 Revocable Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of options and paid the aggregate exercise price and the tax withholdings in cash.
F2 The Paul Liberman 2015 Revocable Trust acquired shares of Class A Common Stock of the Issuer after the exercise of options and paid the aggregate exercise price and the tax withholdings in cash.
F3 The options are vested and currently exercisable.

Remarks:

President, Global Technology and Product