| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Options Exercise | $156K | +52.8K | +8.39% | $2.95 | 682K | Jul 21, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Sale | -$1.64M | -52.8K | -7.74% | $30.99 | 629K | Jul 21, 2023 | Direct | F2, F3 |
| transaction | DKNG | Class A Common Stock | Options Exercise | +3.57K | +0.57% | 633K | Jul 23, 2023 | Direct | F4 | ||
| transaction | DKNG | Class A Common Stock | Tax liability | -$48.5K | -1.56K | -0.25% | $31.08 | 631K | Jul 23, 2023 | Direct | |
| transaction | DKNG | Class A Common Stock | Options Exercise | +1.96K | +0.31% | 633K | Jul 23, 2023 | Direct | F5 | ||
| transaction | DKNG | Class A Common Stock | Tax liability | -$26.7K | -858 | -0.14% | $31.08 | 632K | Jul 23, 2023 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Stock Option | Options Exercise | $0 | -52.8K | -7.16% | $0.00 | 684K | Jul 21, 2023 | Class A Common Stock | 52.8K | $2.95 | Direct | F1, F6 |
| transaction | DKNG | Restricted Stock Units | Options Exercise | $0 | -3.57K | -25% | $0.00 | 10.7K | Jul 23, 2023 | Class A Common Stock | 3.57K | Direct | F4, F7 | |
| transaction | DKNG | Restricted Stock Units | Options Exercise | $0 | -1.96K | -10% | $0.00 | 17.6K | Jul 23, 2023 | Class A Common Stock | 1.96K | Direct | F5, F8 |
| Id | Content |
|---|---|
| F1 | The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price in cash. |
| F2 | The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 26, 2023 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. |
| F3 | 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 $31.23, 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 footnote 2 to this Form 4. |
| F4 | No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 3,565 shares of Class A Common Stock underlying the RSUs listed in Table II, and 1,560 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| F5 | No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 1,961 shares of Class A Common Stock underlying the RSUs listed in Table II, and 858 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| F6 | These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested. |
| F7 | On August 11, 2020, the Reporting Person was granted 57,045 RSUs, vesting quarterly over 4 years from April 23, 2020, with any RSUs scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining RSUs occurring on October 23, 2020 and each quarter thereafter. |
| F8 | On April 28, 2023, the Reporting Person was granted 9,412 RSUs vesting in equal monthly installments over one (1) year from April 23, 2023. Further, on April 28, 2023, the vesting terms of an additional 14,119 RSUs previously granted to the Reporting Person on February 13, 2023 were amended to provide that such RSUs will vest on the same schedule. |