| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Gift | $0 | -12.9K | -0.36% | $0.00 | 3.54M | Nov 21, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Gift | $0 | -51.6K | -1.46% | $0.00 | 3.49M | Nov 21, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Gift | $0 | -10.4K | -0.3% | $0.00 | 3.48M | Nov 21, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Options Exercise | $940K | +200K | +5.75% | $4.70* | 3.68M | Nov 21, 2023 | Direct | F2 |
| transaction | DKNG | Class A Common Stock | Sale | -$7.65M | -200K | -5.44% | $38.27 | 3.48M | Nov 21, 2023 | Direct | F4, F5 |
| transaction | DKNG | Class A Common Stock | Options Exercise | +5.85K | +0.17% | 3.48M | Nov 22, 2023 | Direct | F3 | ||
| transaction | DKNG | Class A Common Stock | Tax liability | -$109K | -2.83K | -0.08% | $38.68 | 3.48M | Nov 22, 2023 | Direct | |
| holding | DKNG | Class A Common Stock | 83K | Nov 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 | Stock Option | Gift | $0 | -492K | -100% | $0.00* | 0 | Nov 21, 2023 | Class A Common Stock | 492K | $0.63 | Held by Robins Grantor Retained Annuity Trust 2020 | F6, F7, F8 |
| transaction | DKNG | Stock Option | Gift | $0 | -327K | -100% | $0.00* | 0 | Nov 21, 2023 | Class A Common Stock | 327K | $0.63 | Held by Robins Grantor Retained Annuity Trust 2020 | F9, F10 |
| transaction | DKNG | Stock Option | Options Exercise | $0 | -200K | -18.23% | $0.00 | 897K | Nov 21, 2023 | Class A Common Stock | 200K | $4.70 | Direct | F11 |
| transaction | DKNG | Restricted Stock Units | Options Exercise | $0 | -5.85K | -16.67% | $0.00 | 29.2K | Nov 22, 2023 | Class A Common Stock | 5.85K | Direct | F3, F12 | |
| holding | DKNG | Stock Option | 400K | Nov 21, 2023 | Class A Common Stock | 400K | $0.63 | Direct | F6, F8 |
| Id | Content |
|---|---|
| F1 | Represents a bona fide gift of the Issuer's Class A Common Stock to a non-profit organization. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer. |
| F2 | The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash. |
| F3 | 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 5,849 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,828 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. |
| F4 | The reported sales were 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. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.93 to $38.88, 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 5 to this Form 4. |
| F6 | These stock options were granted on March 24, 2016. As of the date hereof, all of such remaining stock options have vested. |
| F7 | Represents a bona fide gift of 492,211 stock options previously reported as indirectly held by the Robins Grantor Retained Annuity Trust of 2020 to the Robins Family 2020 Irrevocable Trust. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer. |
| F8 | Reflects the transfer of 400,053 stock options previously reported as indirectly held by the Robins Grantor Retained Annuity Trust of 2020 to the Reporting Person. |
| F9 | These stock options were granted on February 10, 2016. As of the date hereof, all of such remaining stock options have vested. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer. |
| F10 | Represents a bona fide gift of 327,461 stock options previously reported as indirectly held by the Robins Grantor Retained Annuity Trust of 2020 to the Robins Family 2020 Irrevocable Trust. |
| F11 | These stock options were granted on June 4, 2019. As of the date hereof, all of such remaining stock options have vested. |
| F12 | On February 22, 2021, the Reporting Person was granted 93,586 RSUs vesting quarterly over 4 years. |
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.