| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Award | $0 | +283K | +265.82% | $0.00 | 390K | Nov 27, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Sale | -$5.08M | -135K | -34.58% | $37.65 | 255K | Nov 28, 2023 | Direct | F2 |
| transaction | DKNG | Class A Common Stock | Sale | -$233K | -6.05K | -2.37% | $38.47 | 249K | Nov 28, 2023 | Direct | F3 |
| holding | DKNG | Class A Common Stock | 42.7K | Nov 27, 2023 | Held by Park Family 2022 Grantor Retained Annuity Trust III |
| Id | Content |
|---|---|
| F1 | Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan (the "Plan"), which vested upon the achievement of certain performance goals. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| F2 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. The "sell to cover" transactions were effected pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on September 14, 2021 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.17 to $38.10, 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 ranges set forth in footnotes 2 and 3 to this Form 4. |
| F3 | Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. The "sell to cover" transactions were effected pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on September 14, 2021 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.17 to $38.57, inclusive. See the last sentence of footnote 2 to this Form 4 above. |