| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Disposed to Issuer | -875K | -100% | 0 | May 5, 2022 | Direct | F1, F2 | ||
| transaction | DKNG | Class A Common Stock | Disposed to Issuer | -1.53M | -100% | 0 | May 5, 2022 | Held by the Paul Liberman 2015 Revocable Trust | F1, F2 | ||
| transaction | DKNG | Class A Common Stock | Disposed to Issuer | -272K | -100% | 0 | May 5, 2022 | Held by the Paul Liberman 2020 Trust | F1, F2 | ||
| transaction | DKNG | Class A Common Stock | Disposed to Issuer | -13.6K | -100% | 0 | May 5, 2022 | Held by the Liberman Grantor Retained Annuity Trust of 2020 | F1, F2 | ||
| transaction | DKNG | Class A Common Stock | Disposed to Issuer | -200K | -100% | 0 | May 5, 2022 | Held by the Rachel Nager Liberman 2015 Revocable Trust | F1, F2 | ||
| transaction | DKNG | Class A Common Stock | Disposed to Issuer | -200K | -100% | 0 | May 5, 2022 | Held by the Paul Liberman 2020 Irrevocable Trust | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Restricted Stock Units | Disposed to Issuer | -49.9K | -100% | 0 | May 5, 2022 | Class A Common Stock | 49.9K | Direct | F1, F2, F3, F4, F5 | |||
| transaction | DKNG | Restricted Stock Units | Disposed to Issuer | -63.8K | -100% | 0 | May 5, 2022 | Class A Common Stock | 63.8K | Direct | F1, F2, F3, F4, F6 | |||
| transaction | DKNG | Restricted Stock Units | Disposed to Issuer | -453K | -100% | 0 | May 5, 2022 | Class A Common Stock | 453K | Direct | F1, F2, F3, F4, F7 | |||
| transaction | DKNG | Stock Option | Disposed to Issuer | -23.1K | -100% | 0 | May 5, 2022 | Class A Common Stock | 23.1K | $3.29 | Direct | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -132K | -100% | 0 | May 5, 2022 | Class A Common Stock | 132K | $4.70 | Direct | F1, F2, F8, F9, F11 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -163K | -100% | 0 | May 5, 2022 | Class A Common Stock | 163K | $0.63 | Held by the Liberman Grantor Retained Annuity Trust of 2020 | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -191K | -100% | 0 | May 5, 2022 | Class A Common Stock | 191K | $0.63 | Held by the Liberman Grantor Retained Annuity Trust of 2020 | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -484K | -100% | 0 | May 5, 2022 | Class A Common Stock | 484K | $0.63 | Held by the Liberman Grantor Retained Annuity Trust of 2020 | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -261K | -100% | 0 | May 5, 2022 | Class A Common Stock | 261K | $3.82 | Held by the Liberman Grantor Retained Annuity Trust of 2020 | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -185K | -100% | 0 | May 5, 2022 | Class A Common Stock | 185K | $3.29 | Held by the Liberman Grantor Retained Annuity Trust of 2020 | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -56.4K | -100% | 0 | May 5, 2022 | Class A Common Stock | 56.4K | $4.70 | Held by the Liberman Grantor Retained Annuity Trust of 2020 | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -73.4K | -100% | 0 | May 5, 2022 | Class A Common Stock | 73.4K | $3.29 | Held by the Paul Liberman 2015 Revocable Trust | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -1.51M | -100% | 0 | May 5, 2022 | Class A Common Stock | 1.51M | $3.29 | Held by the Paul Liberman 2015 Revocable Trust | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Stock Option | Disposed to Issuer | -519K | -100% | 0 | May 5, 2022 | Class A Common Stock | 519K | $4.70 | Held by the Paul Liberman 2015 Revocable Trust | F1, F2, F8, F9, F10 | ||
| transaction | DKNG | Warrant for Common Stock | Disposed to Issuer | $0 | -276 | -100% | $0.00* | 0 | May 5, 2022 | Class A Common Stock | 276 | $11.50 | Direct | F12 |
| transaction | DKNG | Warrant for Common Stock | Disposed to Issuer | $0 | -2.82K | -100% | $0.00* | 0 | May 5, 2022 | Class A Common Stock | 2.82K | $11.50 | Held by the Paul Liberman 2015 Revocable Trust | F12 |
| transaction | DKNG | Warrant for Common Stock | Disposed to Issuer | $0 | -3.7K | -100% | $0.00* | 0 | May 5, 2022 | Class A Common Stock | 3.7K | $11.50 | Held by the Paul Liberman 2020 Trust | F12 |
Paul Liberman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Pursuant to the Agreement and Plan of Merger, dated August 9, 2021 (the "Merger Agreement"), between DraftKings Inc. (now known as DraftKings Holdings Inc.) ("Old DraftKings"), Golden Nugget Online Gaming, Inc., New Duke Holdco, Inc. (now known as DraftKings Inc.) ("New DraftKings"), Duke Merger Sub, Inc. ("DK Merger Sub") and Gulf Merger Sub, Inc., upon the consummation of the merger of DK Merger Sub with and into Old DraftKings at 12:01 a.m. Eastern Time on May 5, 2022 (the "DraftKings Merger"), each issued and outstanding share of Class A common stock, par value $0.0001 per share, of Old DraftKings ("Old DraftKings Class A Common Stock") was converted into the right to receive one share of Class A common stock, par value $0.0001 per share, of New DraftKings ("New DraftKings Class A Common Stock"). The disposition of the Old DraftKings Class A Common Stock is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), (continued in footnote 2) |
| F2 | (Continued from footnote 1) pursuant to Rule 16b-7 under the Exchange Act. Contemporaneously with the filing of this Form 4 to reflect the disposition of Old DraftKings Class A Common Stock by the Reporting Person in connection with the consummation of the DraftKings Merger, the Reporting Person is filing a Form 4 with respect to New DraftKings to report the acquisition by such Reporting Person of an equal number of shares of New DraftKings Class A Common Stock in connection with the consummation of the DraftKings Merger. This Form 4 only reports the disposition of securities of the Reporting Person pursuant to the Merger Agreement and does not reflect sales of securities by the Reporting Person. As used herein, the term "Class A Common Stock" refers to (i) Old DraftKings Class A Common Stock prior to the DraftKings Merger and (ii) New DraftKings Class A Common Stock following the DraftKings Merger, in each case, unless the context requires otherwise. |
| F3 | Pursuant to the Merger Agreement and in connection with the consummation of the DraftKings Merger, each outstanding restricted stock unit denominated in Old DraftKings Class A Common Stock (collectively, the "Old DraftKings RSUs") was converted into an equivalent restricted stock unit denominated in New DraftKings Class A Common Stock (collectively, the "New DraftKings RSUs"), each of which represents a contingent right to receive one share of New DraftKings Class A Common Stock. Contemporaneously with the filing of this Form 4 to reflect the disposition of Old DraftKings RSUs by the Reporting Person in connection with the consummation of the DraftKings Merger, the Reporting Person is filing a Form 4 with respect to New DraftKings to report the acquisition by such Reporting Person of an equal number of New DraftKings RSUs in connection with the consummation of the DraftKings Merger. This Form 4 only reports the disposition of securities of the (continued in footnote 4) |
| F4 | (Continued from footnote 3) Reporting Person pursuant to the Merger Agreement and does not reflect the sale of securities by the Reporting Person. As used herein, the term "RSUs" refers to (i) Old DraftKings RSUs prior to the DraftKings Merger and (ii) New DraftKings RSUs following the DraftKings Merger, in each case, unless the context requires otherwise. |
| F5 | The Reporting Person was granted 99,828 RSUs on August 11, 2020 vesting quarterly over four (4) years from April 23, 2020, with the vesting of the first tranche occurring on September 12, 2020. |
| F6 | On February 22, 2021, the Reporting Person was granted 85,078 RSUs vesting quarterly over four (4) years. |
| F7 | On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years. |
| F8 | Pursuant to the Merger Agreement and in connection with the consummation of the DraftKings Merger, each outstanding stock option to purchase Old DraftKings Class A Common Stock ("Old DraftKings Options") was converted into an equivalent stock option to purchase New DraftKings Class A Common Stock ("New DraftKings Options"). Contemporaneously with the filing of this Form 4 to reflect the disposition of Old DraftKings Options by the Reporting Person in connection with the consummation of the DraftKings Merger, the Reporting Person is filing a Form 4 with respect to New DraftKings to report the acquisition by such Reporting Person of an equal number of New DraftKings Options in connection with the consummation of the DraftKings Merger. This Form 4 only reports the disposition of securities of the Reporting Person pursuant to the Merger Agreement and does not reflect the sale of securities by the Reporting Person. As used herein, the term "Stock Options" (continued in footnote 9) |
| F9 | (Continued from footnote 8) refers to (i) Old DraftKings Options prior to the DraftKings Merger and (ii) New DraftKings Options following the DraftKings Merger, in each case, unless the context requires otherwise. |
| F10 | These Stock Options are vested and exercisable as of the date hereof. |
| F11 | These Stock Options were granted on June 4, 2019. As of the date hereof, 37,572 of such Stock Options have vested. The remaining Stock Options will vest in four (4) equal quarterly installments beginning on June 1, 2022. |
| F12 | Each warrant to purchase Class A Common Stock is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share. |
President, Global Technology and Product