Favian Garcia - 18 Jun 2021 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Controller
Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
18 Jun 2021
Net transactions value
$0
Form type
4
Filing time
29 Jun 2021, 13:43:54 UTC
SEC
View on sec.gov

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 SKLZ Restricted Stock Units Award $0 +10,135 $0.000000 10,135 18 Jun 2021 Class A common stock 10,135 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F2 3,955 of the restricted stock units will vest 25% on June 1, 2022 and in substantially equal quarterly installments thereafter over the next three years. The remaining 6,180 restricted stock units will vest over four years subject to the achievement of certain performance goals.