Woodrow Levin - May 2, 2023 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
May 2, 2023
Transactions value $
$0
Form type
4
Date filed
5/4/2023, 08:04 PM
Previous filing
Feb 16, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +13.3K +48.83% 40.7K May 2, 2023 Direct F1
holding DKNG Class A Common Stock 10 May 2, 2023 Held by OneSix Red, LLC
holding DKNG Class A Common Stock 44.6K May 2, 2023 Held by Levin Family 2015 Irrevocable Trust

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 -13.3K -100% $0.00* 0 May 2, 2023 Class A Common Stock 13.3K 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 May 3, 2022 and became fully vested on May 2, 2023.