Shalom Meckenzie - 01 Sep 2022 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
01 Sep 2022
Net transactions value
$0
Form type
4
Filing time
02 Sep 2022, 20:02:00 UTC
Previous filing
04 Aug 2022
Next filing
04 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +1,016 +5.5% 19,537 01 Sep 2022 Direct F1

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 Options Exercise $0 -1,016 -100% $0.000000* 0 01 Sep 2022 Class A Common Stock 1,016 Direct F1, F2, F3
* 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 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 The RSUs were granted on August 2, 2022 and settled on September 1, 2022.