Woodrow Levin - 02 May 2023 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
02 May 2023
Net transactions value
$0
Form type
4
Filing time
12 May 2023, 20:02:22 UTC
Previous filing
16 Feb 2023
Next filing
03 Aug 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 +567 +1.4% 41,234 02 May 2023 Direct F1
holding DKNG Class A Common Stock 10 02 May 2023 Held by OneSix Red, LLC
holding DKNG Class A Common Stock 44,616 02 May 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 Award $0 +567 $0.000000 567 02 May 2023 Class A Common Stock 567 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Options Exercise $0 -567 -100% $0.000000* 0 02 May 2023 Class A Common Stock 567 Direct F1, F2, F3, F4
* 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 Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F4 The RSUs were granted and became fully vested on May 2, 2023.