Valerie Mosley - Aug 1, 2023 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/3/2023, 08:02 PM
Previous filing
May 4, 2023
Next filing
Sep 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +474 +1.74% 27.7K Aug 1, 2023 Direct F1

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 +474 $0.00 474 Aug 1, 2023 Class A Common Stock 474 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Options Exercise $0 -474 -100% $0.00* 0 Aug 1, 2023 Class A Common Stock 474 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Award $0 +6.34K $0.00 6.34K Aug 1, 2023 Class A Common Stock 6.34K Direct F2, F5, F6
* 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 August 1, 2023.
F5 Represents annual equity grant.
F6 The RSUs were granted on August 1, 2023 and shall vest in full on the earlier of the Issuer's annual meeting of shareholders in 2024 and the first anniversary of the grant date.