Woodrow Levin - Jul 30, 2024 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Stock symbol
DKNG
Transactions as of
Jul 30, 2024
Transactions value $
$0
Form type
4
Date filed
8/1/2024, 08:01 PM
Previous filing
May 15, 2024
Next filing
Nov 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +348 +0.71% 49.4K Jul 30, 2024 Direct F1
holding DKNG Class A Common Stock 10 Jul 30, 2024 Held by OneSix Red, LLC
holding DKNG Class A Common Stock 44.6K Jul 30, 2024 Held by Levin Family 2015 Irrevocable Trust

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 +348 $0.00 348 Jul 30, 2024 Class A Common Stock 348 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Options Exercise $0 -348 -100% $0.00* 0 Jul 30, 2024 Class A Common Stock 348 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Award $0 +6.97K $0.00 6.97K Jul 30, 2024 Class A Common Stock 6.97K Direct F2, F5, F6
* 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 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F4 The RSUs were granted and became fully vested on July 30, 2024.
F5 Represents annual equity grant.
F6 The RSUs were granted on July 30, 2024 and shall vest in full on the earlier of the Issuer's annual meeting of shareholders in 2025 and the first anniversary of the grant date.