Matthew Kalish - 31 Dec 2022 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
President, DraftKings North America, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
31 Dec 2022
Net transactions value
+$159,276
Form type
4
Filing time
04 Jan 2023, 19:01:20 UTC
Previous filing
25 Nov 2022
Next filing
25 Jan 2023
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 $91,281 +27,745 +1.1% $3.29* 2,558,890 31 Dec 2022 Direct F1
transaction DKNG Class A Common Stock Options Exercise $58,999 +93,649 +3.7% $0.6300* 2,652,539 31 Dec 2022 Direct F1
transaction DKNG Class A Common Stock Options Exercise $8,996 +1,914 +0.07% $4.70* 2,654,453 31 Dec 2022 Direct F1
holding DKNG Class A Common Stock 257,722 31 Dec 2022 Held by Matthew P. Kalish 2020 Trust
holding DKNG Class A Common Stock 196,279 31 Dec 2022 Held by Kalish Family 2020 Irrevocable Trusts

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 Stock Option Options Exercise $0 -27,745 -4.8% $0.000000 553,308 31 Dec 2022 Class A Common Stock 27,745 $3.29 Direct F1, F2
transaction DKNG Stock Option Options Exercise $0 -93,649 -100% $0.000000* 0 31 Dec 2022 Class A Common Stock 93,649 $0.6300 Direct F1, F2
transaction DKNG Stock Option Options Exercise $0 -1,914 -0.64% $0.000000 298,669 31 Dec 2022 Class A Common Stock 1,914 $4.70 Direct F1, 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 stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash.
F2 These options are vested and currently exercisable.
F3 These stock options were granted on June 4, 2019. As of the date hereof, 261,097 of such remaining stock options have vested. The remaining stock options will vest on June 1, 2023.

Remarks:

President, DraftKings North America