Miriam Aguirre - Aug 17, 2021 Form 4 Insider Report for Skillz Inc. (SKLZ)

Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Stock symbol
SKLZ
Transactions as of
Aug 17, 2021
Transactions value $
-$2,320,396
Form type
4
Date filed
8/19/2021, 09:15 PM
Previous filing
Aug 17, 2021
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $1.2K +26K +2.9% $0.05* 923K Aug 17, 2021 Direct
transaction SKLZ Class A common stock Options Exercise $70.1K +164K +17.75% $0.43* 1.09M Aug 17, 2021 Direct
transaction SKLZ Class A common stock Options Exercise $39.3K +29.7K +2.73% $1.33* 1.12M Aug 17, 2021 Direct
transaction SKLZ Class A common stock Options Exercise $239K +180K +16.15% $1.33* 1.3M Aug 17, 2021 Direct
transaction SKLZ Class A common stock Sale -$275K -26K -2.01% $10.57 1.27M Aug 17, 2021 Direct F1
transaction SKLZ Class A common stock Sale -$314K -29.7K -2.33% $10.58 1.24M Aug 17, 2021 Direct F2
transaction SKLZ Class A common stock Sale -$1.73M -164K -13.2% $10.56 1.08M Aug 17, 2021 Direct F1

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 Stock Option (right to buy) Options Exercise -$1.2K -26K -100% $0.05* 0 Aug 17, 2021 Class A common stock 26K $0.05 Direct F3
transaction SKLZ Stock Option (right to buy) Options Exercise -$70.1K -164K -56.25% $0.43* 127K Aug 17, 2021 Class A common stock 164K $0.43 Direct F4
transaction SKLZ Stock Option (right to buy) Options Exercise -$39.3K -29.7K -1.95% $1.33* 1.49M Aug 17, 2021 Class A common stock 29.7K $1.33 Direct F5
transaction SKLZ Stock Option (right to buy) Options Exercise -$239K -180K -12.1% $1.33* 1.31M Aug 17, 2021 Class A common stock 180K $1.33 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transactions within a $1.00 price range are summarized in accordance with the June 25th 2008 SEC No - Action letter. The range of prices received for such shares was $10.52 - $10.64.
F2 Transactions within a $1.00 price range are summarized in accordance with the June 25th 2008 SEC No - Action letter. The range of prices received for such shares was $10.52 - $10.62.
F3 Twenty-five percent of the stock option grant vested on August 1, 2017 and the remainder vested in quarterly increments thereafter.
F4 Twenty-five percent of the stock option grant vested on April 29, 2020 and the remainder vests in quarterly increments thereafter.
F5 Twenty-five percent of the stock option grant vested on August 1, 2021 and the remainder vests in quarterly increments thereafter.