Ryan R. Moore - Feb 13, 2024 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Ryan R Moore
Stock symbol
DKNG
Transactions as of
Feb 13, 2024
Transactions value $
$0
Form type
4
Date filed
2/14/2024, 09:20 PM
Previous filing
Nov 2, 2023
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +424 +0.84% 50.8K Feb 13, 2024 Direct F1
holding DKNG Class A Common Stock 0 Feb 13, 2024 Held by Atlas Venture Fund VIII, L.P. F2
holding DKNG Class A Common Stock 0 Feb 13, 2024 Held by Accomplice Fund I, L.P. F3
holding DKNG Class A Common Stock 0 Feb 13, 2024 Held by Accomplice Management Holdings, LLC F4
holding DKNG Class A Common Stock 0 Feb 13, 2024 Held by Accomplice Fund II, L.P. F5
holding DKNG Class A Common Stock 0 Feb 13, 2024 Held by Accomplice Management, LLC F6

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 +424 $0.00 424 Feb 13, 2024 Class A Common Stock 424 Direct F1, F7, F8, F9
transaction DKNG Restricted Stock Units Options Exercise $0 -424 -100% $0.00* 0 Feb 13, 2024 Class A Common Stock 424 Direct F1, F7, F8, F9
* 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 As of December 9, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, either Atlas Venture Associates VIII, L.P. ("Atlas Assoc VIII LP"), the sole general partner of Atlas Venture Fund VIII, L.P. ("Atlas VIII"), or Atlas Venture Associates VIII, Inc., the sole general partner of Atlas Assoc VIII LP, and Mr. Moore is therefore no longer a reporting person for shares held by Atlas VIII. No transfer of securities by Atlas VIII occurred in connection with the foregoing.
F3 As of December 9, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Associates I, LLC, the sole general partner of Accomplice Fund I, L.P. ("ACC I"), and Mr. Moore is therefore no longer a reporting person for shares held by ACC I. No transfer of securities by ACC I occurred in connection with the foregoing.
F4 As of December 15, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Management Holdings, LLC ("ACC Holdings"), and Mr. Moore is therefore no longer a reporting person for shares held by ACC Holdings. No transfer of securities by ACC Holdings occurred in connection with the foregoing.
F5 As of December 9, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Associates II, LLC, the sole general partner of Accomplice Fund II, L.P. ("ACC II"), and Mr. Moore is therefore no longer a reporting person for shares held by ACC II. No transfer of securities by ACC II occurred in connection with the foregoing.
F6 As of December 31, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Management, LLC ("Accomplice Management"), and Mr. Moore is therefore no longer a reporting person for shares held by Accomplice Management. No transfer of securities by Accomplice Management occurred in connection with the foregoing.
F7 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F8 Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F9 The RSUs were granted and became fully vested on February 13, 2024.