Woodrow Levin - Nov 2, 2022 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Nov 2, 2022
Transactions value $
$0
Form type
4
Date filed
11/4/2022, 08:00 PM
Previous filing
Aug 4, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +785 +3.04% 26.6K Nov 2, 2022 Direct F1
holding DKNG Class A Common Stock 10 Nov 2, 2022 Held by OneSix Red, LLC
holding DKNG Class A Common Stock 44.6K Nov 2, 2022 Held by Levin Family 2015 Irrevocable Trust F2

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 +785 $0.00 785 Nov 2, 2022 Class A Common Stock 785 Direct F1, F3, F4, F5
transaction DKNG Restricted Stock Units Options Exercise $0 -785 -100% $0.00* 0 Nov 2, 2022 Class A Common Stock 785 Direct F1, F3, F4, F5
* 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 Reporting Person does not have a reportable beneficial interest in the shares of Class A Common Stock held by the Levin 2020 Irrevocable Trust and the Levin Family 2020 Irrevocable Trust previously included in ownership reports of the Reporting Person and accordingly such shares are not included in Table I of this Form 4.
F3 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4 Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F5 The RSUs were granted and became fully vested on November 2, 2022.