| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Sale | -$10.3M | -253K | -10.14% | $40.76 | 2.25M | Sep 25, 2024 | Held by the Paul Liberman 2015 Revocable Trust | F1, F2 |
| transaction | DKNG | Class A Common Stock | Sale | -$13.4M | -322K | -14.33% | $41.62 | 1.92M | Sep 25, 2024 | Held by the Paul Liberman 2015 Revocable Trust | F1, F3 |
| transaction | DKNG | Class A Common Stock | Sale | -$1.24M | -30.4K | -14.77% | $40.76 | 176K | Sep 25, 2024 | Held by the Paul Liberman 2020 Trust | F1, F4 |
| transaction | DKNG | Class A Common Stock | Sale | -$1.59M | -38.2K | -21.78% | $41.63 | 137K | Sep 25, 2024 | Held by the Paul Liberman 2020 Trust | F1, F5 |
| holding | DKNG | Class A Common Stock | 21.6K | Sep 25, 2024 | Direct | ||||||
| holding | DKNG | Class A Common Stock | 214K | Sep 25, 2024 | Held by the Paul Liberman 2020 Irrevocable Trust | ||||||
| holding | DKNG | Class A Common Stock | 200K | Sep 25, 2024 | Held by the Rachel Nager Liberman Irrevocable Trust - 2022 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The reported sales were made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on March 5, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.26 to $41.25, 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 footnotes 2, 3, 4 and 5 to this Form 4. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.26 to $41.97, inclusive. See the last sentence of footnote 2 to this Form 4 above. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.26 to $41.23, inclusive. See the last sentence of footnote 2 to this Form 4 above. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.26 to $41.94, inclusive. See the last sentence of footnote 2 to this Form 4 above. |
President, Global Technology and Product