Ryan R. Moore - 03 May 2022 Form 4 Insider Report for DraftKings Inc.

Role: Director
Signature: /s/ Frank Castellucci, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 03 May 2022
Net transactions value: $0
Form type: 4
Filing time: 04 May 2022, 20:05:48 UTC
Previous filing: 16 Feb 2022
Next filing: 09 May 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	Options Exercise		+1,042	+3.4%		31,601	03 May 2022	Direct	F1
holding	DKNG	Class A Common Stock						6,555,608	03 May 2022	Held by Atlas Venture Fund VIII, L.P.	F2
holding	DKNG	Class A Common Stock						765,616	03 May 2022	Held by Accomplice Fund I, L.P.	F3
holding	DKNG	Class A Common Stock						147,846	03 May 2022	Held by Accomplice Management Holdings, LLC	F4
holding	DKNG	Class A Common Stock						279,989	03 May 2022	Held by Accomplice Fund II, L.P.	F5

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	Restricted Stock Units	Award	$0	+1,042		$0.000000	1,042	03 May 2022	Class A Common Stock	1,042		Direct	F1, F6, F7, F8
transaction	DKNG	Restricted Stock Units	Options Exercise	$0	-1,042	-100%	$0.000000^*	0	03 May 2022	Class A Common Stock	1,042		Direct	F1, F6, F7, F8
transaction	DKNG	Restricted Stock Units	Award	$0	+13,342		$0.000000	13,342	03 May 2022	Class A Common Stock	13,342		Direct	F6, F9, F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
F2	The shares are held directly by Atlas Venture Fund VIII, L.P. Atlas VIII. Atlas Venture Associates VIII, L.P. is the sole general partner of Atlas VIII. Atlas Venture Associates VIII, Inc. is the sole general partner of Atlas Venture Associates VIII, L.P. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3	The shares are held directly by Accomplice Fund I, L.P. ("ACC I"). Accomplice Associates I, LLC ("ACC Assoc I") is the sole general partner of ACC I. Mr. Moore is a Managing Member of ACC Assoc I. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4	The shares are held directly by Accomplice Management Holdings, LLC ("ACC Holdings"). Mr. Moore is a Class A Member of ACC Holdings. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F5	The shares are held directly by Accomplice Fund II, L.P. ("ACC II"). Accomplice Associates II, LLC ("ACC Assoc II") is the sole general partner of ACC II. Mr. Moore is a Managing Member of ACC Assoc II. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F6	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F7	Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F8	The RSUs were granted and became fully vested on May 3, 2022.
F9	Represents annual equity grant.
F10	The RSUs were granted on May 3, 2022 and shall vest in full on the earlier of the Issuer's annual meeting of shareholders in 2023 and the first anniversary of the grant date.