| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Award | $0 | +36K | +546.96% | $0.00 | 42.6K | Feb 17, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Award | $0 | +4.62K | +10.85% | $0.00 | 47.2K | Feb 17, 2023 | Direct | F2 |
| transaction | DKNG | Class A Common Stock | Award | $0 | +381 | +0.81% | $0.00 | 47.6K | Feb 17, 2023 | Direct | F3 |
| transaction | DKNG | Class A Common Stock | Tax liability | -$4.09K | -199 | -0.42% | $20.54 | 47.4K | Feb 17, 2023 | Direct | F3 |
| transaction | DKNG | Class A Common Stock | Sale | -$308K | -15K | -31.69% | $20.54 | 32.4K | Feb 21, 2023 | Direct | F4, F5 |
| transaction | DKNG | Class A Common Stock | Sale | -$84.2K | -3.96K | -12.25% | $21.24 | 28.4K | Feb 21, 2023 | Direct | F4, F6 |
| Id | Content |
|---|---|
| F1 | Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan (the "Plan"), which vested upon the achievement of certain performance goals. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| F2 | Represents the vesting of the performance-based restricted stock units ("PSUs") granted pursuant to the Plan, which vested upon the achievement of certain performance criteria. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| F3 | No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs, which vested upon the achievement of certain performance goals, other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 381 shares of Class A Common Stock underlying the RSUs that vested, and 199 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| F4 | The original Form 4, filed on February 22, 2023 (the "Original Form 4") is being amended by this Form 4/A to correct a clerical error that incorrectly reported the Transaction Date in Column 2 of Table I as 02/17/23, which Transaction Date was 02/21/22. |
| F5 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.02 to $21.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote. The Original Form 4 is being amended by this Form 4/A to reallocate the amount and the weighted average price of securities sold in Column 4, which was previously disclosed in a range of $20.02 to $22.02, inclusive, to be disclosed in a range of $20.02 to $21.01, inclusive. |
| F6 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.02 to $22.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote. The Original Form 4 is being amended by this Form 4/A to reallocate the amount and the weighted average price of securities sold in Column 4, which was previously disclosed in a range of $20.02 to $22.02, inclusive, to a range of $21.02 to $22.02, inclusive. |