| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Options Exercise | $311K | +106K | +16.16% | $2.95* | 759K | Nov 8, 2023 | Direct | F2 |
| transaction | DKNG | Class A Common Stock | Sale | -$3.78M | -106K | -13.92% | $35.82 | 653K | Nov 8, 2023 | Direct | F3, F4 |
| transaction | DKNG | Class A Common Stock | Options Exercise | +14.2K | +2.17% | 667K | Nov 9, 2023 | Direct | F1 | ||
| transaction | DKNG | Class A Common Stock | Tax liability | -$216K | -6.19K | -0.93% | $34.81 | 661K | Nov 9, 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 | -106K | -18.24% | $0.00 | 473K | Nov 8, 2023 | Class A Common Stock | 106K | $2.95 | Direct | F5 |
| transaction | DKNG | Restricted Stock Units | Options Exercise | $0 | -14.2K | -10% | $0.00 | 127K | Nov 9, 2023 | Class A Common Stock | 14.2K | Direct | F1, F6 |
| Id | Content |
|---|---|
| F1 | 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 14,155 shares of Class A Common Stock underlying the RSUs listed in Table II, and 6,193 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. |
| F2 | The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash. |
| F3 | 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. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.44 to $36.28, 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 this footnote 4 to this Form 4. |
| F5 | These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested. |
| F6 | On February 9, 2022, the Reporting Person was granted 226,470 RSUs vesting quarterly over four (4) years. |