Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DKNG | Class A Common Stock | Sale | -$3.1M | -100K | -2.1% | $30.99 | 4.66M | Jul 21, 2023 | Direct | F1, F2 |
transaction | DKNG | Class A Common Stock | Sale | -$3.1M | -100K | -2.14% | $30.99 | 4.56M | Jul 21, 2023 | Direct | F1, F3 |
transaction | DKNG | Class A Common Stock | Sale | -$1.55M | -50K | -1.1% | $30.99 | 4.51M | Jul 21, 2023 | Direct | F1, F4 |
transaction | DKNG | Class A Common Stock | Sale | -$6.2M | -200K | -4.43% | $30.99 | 4.31M | Jul 21, 2023 | Direct | F1, F5 |
transaction | DKNG | Class A Common Stock | Options Exercise | +11.6K | +0.27% | 4.32M | Jul 23, 2023 | Direct | F6 | ||
transaction | DKNG | Class A Common Stock | Tax liability | -$174K | -5.6K | -0.13% | $31.08 | 4.32M | Jul 23, 2023 | Direct | |
holding | DKNG | Class A Common Stock | 587K | Jul 21, 2023 | Held by the Concord Trust Company LLC TR UA (04/21/2020) Jason Robins 2020 Trust | ||||||
holding | DKNG | Class A Common Stock | 83K | Jul 21, 2023 | Held by the Robins Family GST Trust 2021 |
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 | -11.6K | -25% | $0.00 | 34.8K | Jul 23, 2023 | Class A Common Stock | 11.6K | Direct | F6, F7 |
Id | Content |
---|---|
F1 | The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 23, 2023 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.75 to $31.25, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2, 3, 4 and 5 to this Form 4. |
F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.76 to $31.29, inclusive. See the last sentence of footnote 2 to this Form 4 above. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.77 to $31.23, inclusive. See the last sentence of footnote 2 to this Form 4 above. |
F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.74 to $31.25, inclusive. See the last sentence of footnote 2 to this Form 4 above. |
F6 | No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 11,587 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 5,603 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F7 | On August 11, 2020, the Reporting Person was granted 185,396 restricted stock units, vesting quarterly over 4 years from April 23, 2020, with the vesting of any restricted stock units scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining restricted stock units occurring on October 23, 2020 and each quarter thereafter. |
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.