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

Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
18 Aug 2021
Net transactions value
-$6,552,609
Form type
4
Filing time
20 Aug 2021, 18:10:44 UTC
Previous filing
19 Aug 2021
Next filing
09 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $241,176 +182,020 +17% $1.32* 1,259,760 18 Aug 2021 Direct
transaction SKLZ Class A common stock Sale $2,007,135 -182,020 -14% $11.03 1,077,740 18 Aug 2021 Direct F1
transaction SKLZ Class A common stock Options Exercise $184,117 +138,956 +13% $1.32* 1,216,696 19 Aug 2021 Direct
transaction SKLZ Class A common stock Options Exercise $582,246 +439,431 +36% $1.32* 1,656,127 19 Aug 2021 Direct
transaction SKLZ Class A common stock Options Exercise $211,278 +159,455 +9.6% $1.32* 1,815,582 19 Aug 2021 Direct
transaction SKLZ Class A common stock Options Exercise $225,371 +170,091 +9.4% $1.32* 1,985,673 19 Aug 2021 Direct
transaction SKLZ Class A common stock Sale $4,545,474 -439,431 -22% $10.34 1,546,242 19 Aug 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 $241,176 -182,020 -20% $1.32* 737,842 18 Aug 2021 Class A common stock 182,020 $1.32 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise $184,117 -138,956 -19% $1.32* 598,886 19 Aug 2021 Class A common stock 138,956 $1.32 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise $582,246 -439,431 -73% $1.32* 159,455 19 Aug 2021 Class A common stock 439,431 $1.32 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise $211,278 -159,455 -100% $1.32* 0 19 Aug 2021 Class A common stock 159,455 $1.32 Direct
transaction SKLZ Stock Option (right to buy) Options Exercise $225,371 -170,091 -13% $1.32* 1,140,552 19 Aug 2021 Class A common stock 170,091 $1.32 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.