| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Award | $0 | +500K | +14.29% | $0.00 | 4M | Dec 18, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Sale | -$8.5M | -238K | -5.96% | $35.65 | 3.76M | Dec 19, 2023 | Direct | F2 |
| transaction | DKNG | Class A Common Stock | Sale | -$7.21K | -200 | -0.01% | $36.07 | 3.76M | Dec 19, 2023 | Direct | F3 |
| transaction | DKNG | Class A Common Stock | Award | $0 | +500K | +13.3% | $0.00 | 4.26M | Dec 19, 2023 | Direct | F1 |
| transaction | DKNG | Class A Common Stock | Sale | -$8.64M | -245K | -5.75% | $35.30 | 4.02M | Dec 20, 2023 | Direct | F4 |
| holding | DKNG | Class A Common Stock | 83K | Dec 18, 2023 | Held by the Robins Family GST Trust 2021 |
| 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 $35.07 to $36.06, 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, 3 and 4 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 a price of $36.07. See the last sentence of footnote 2 above. |
| F4 | 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 $34.87 to $35.83, inclusive. See the last sentence of footnote 2 above. |
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.