Vatsal Bhardwaj - Oct 18, 2021 Form 3 Insider Report for Skillz Inc. (SKLZ)

Role
Chief Product Officer
Signature
/s/ Charlotte Edelman
Stock symbol
SKLZ
Transactions as of
Oct 18, 2021
Transactions value $
$0
Form type
3
Date filed
11/1/2021, 04:28 PM
Next filing
Mar 16, 2022

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
holding SKLZ Restricted Stock Unit Oct 18, 2021 Class A common stock 1.58M $0.00 Direct F1, F2
holding SKLZ Restricted Stock Unit Oct 18, 2021 Class A common stock 528K Direct F1, F3
* 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 Twenty-five percent of the restricted stock unit award vests on October 10, 2022 and the remainder vests in quarterly increments thereafter.
F3 The performance-based incentive award shall vest over four (4) years according to the achievement of certain performance goals, and subject to the grantee's continued service with the Company.