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

Role
Officer, Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
10 May 2023
Net transactions value
$0
Form type
4
Filing time
12 May 2023, 20:04:30 UTC
Previous filing
10 May 2023
Next filing
23 May 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 Gift $0 -81,367 -1.4% $0.000000 5,698,898 10 May 2023 Direct F1
transaction DKNG Class A Common Stock Gift $0 -42,869 -0.75% $0.000000 5,656,029 10 May 2023 Direct F2
holding DKNG Class A Common Stock 83,000 10 May 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.