Jason Robins - May 10, 2023 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Officer, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
May 10, 2023
Transactions value $
$0
Form type
4
Date filed
5/12/2023, 08:04 PM
Previous filing
May 10, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Gift $0 -81.4K -1.41% $0.00 5.7M May 10, 2023 Direct F1
transaction DKNG Class A Common Stock Gift $0 -42.9K -0.75% $0.00 5.66M May 10, 2023 Direct F2
holding DKNG Class A Common Stock 83K May 10, 2023 Held by the Robins Family GST Trust 2021
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a bona fide gift of the Issuer's Class A Common Stock (the "Common Stock") to a non-profit organization. There was no purchase or sale of shares of Common Stock in connection with the transfer.
F2 Represents a bona fide gift of the Common Stock to a non-profit educational institution. There was no purchase or sale of shares of Common Stock in connection with the transfer.

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.