Miriam Aguirre - Aug 18, 2021 Form 4 Insider Report for Skillz Inc. (SKLZ)

Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Stock symbol
SKLZ
Transactions as of
Aug 18, 2021
Transactions value $
-$6,552,609
Form type
4
Date filed
8/20/2021, 06:10 PM
Previous filing
Aug 19, 2021
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $241K +182K +16.89% $1.33* 1.26M Aug 18, 2021 Direct
transaction SKLZ Class A common stock Sale -$2.01M -182K -14.45% $11.03 1.08M Aug 18, 2021 Direct F1
transaction SKLZ Class A common stock Options Exercise $184K +139K +12.89% $1.33* 1.22M Aug 19, 2021 Direct
transaction SKLZ Class A common stock Options Exercise $582K +439K +36.12% $1.33* 1.66M Aug 19, 2021 Direct
transaction SKLZ Class A common stock Options Exercise $211K +159K +9.63% $1.33* 1.82M Aug 19, 2021 Direct
transaction SKLZ Class A common stock Options Exercise $225K +170K +9.37% $1.33* 1.99M Aug 19, 2021 Direct
transaction SKLZ Class A common stock Sale -$4.55M -439K -22.13% $10.34 1.55M Aug 19, 2021 Direct F2, F3

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 -$241K -182K -19.79% $1.33* 738K Aug 18, 2021 Class A common stock 182K $1.33 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise -$184K -139K -18.83% $1.33* 599K Aug 19, 2021 Class A common stock 139K $1.33 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise -$582K -439K -73.37% $1.33* 159K Aug 19, 2021 Class A common stock 439K $1.33 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise -$211K -159K -100% $1.33* 0 Aug 19, 2021 Class A common stock 159K $1.33 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise -$225K -170K -12.98% $1.33* 1.14M Aug 19, 2021 Class A common stock 170K $1.33 Direct F4
* 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 $11.00 - $11.12.
F2 Securities sold to cover costs associated with the exercise of stock options.
F3 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 $10.28 - $10.46.
F4 Twenty-five percent of the stock option grant vested on August 1, 2021 and the remainder vests in quarterly increments thereafter.