Jason Robins - Feb 13, 2023 Form 4 Insider Report for DraftKings Inc. (DKNG)

Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Feb 13, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 07:08 PM
Previous filing
Feb 10, 2023
Next filing
Feb 24, 2023

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 -600K -50% $0.00 600K Feb 13, 2023 Class A Common Stock 600K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock right ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 On February 13, 2023, the Reporting Person was granted 600,000 RSUs vesting quarterly over four (4) years.

Remarks:

Chief Executive Officer and Chairman of the Board. In addition, Jason Robins is the sole holder of 393,013,951 shares of Class B Common Stock of the Issuer, which are not registered securities.