Miriam Aguirre - 08 Nov 2021 Form 4 Insider Report for Skillz Inc. (SKLZ)

Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
08 Nov 2021
Net transactions value
-$898,561
Form type
4
Filing time
09 Nov 2021, 15:48:10 UTC
Previous filing
20 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $4,463 +10,428 +0.67% $0.4280* 1,556,670 08 Nov 2021 Direct
transaction SKLZ Class A common stock Sale $135,178 -10,428 -0.67% $12.96 1,546,242 08 Nov 2021 Direct F1
transaction SKLZ Class A common stock Options Exercise $3,331 +7,782 +0.5% $0.4280* 1,564,452 08 Nov 2021 Direct
transaction SKLZ Class A common stock Options Exercise $46,945 +35,430 +2.3% $1.32* 1,599,882 08 Nov 2021 Direct
transaction SKLZ Class A common stock Options Exercise $78,991 +59,616 +3.7% $1.32* 1,659,498 08 Nov 2021 Direct
transaction SKLZ Class A common stock Sale $763,383 -59,616 -3.6% $12.80 1,599,882 08 Nov 2021 Direct F2

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 $4,463 -10,428 -8.2% $0.4280* 117,049 08 Nov 2021 Class A common stock 10,428 $0.4280 Direct F3
transaction SKLZ Stock Option (right to buy) Options Exercise $3,331 -7,782 -6.6% $0.4280* 109,267 08 Nov 2021 Class A common stock 7,782 $0.4280 Direct F3
transaction SKLZ Stock Option (right to buy) Options Exercise $46,945 -35,430 -3.3% $1.32* 1,045,506 08 Nov 2021 Class A common stock 35,430 $1.32 Direct F4
transaction SKLZ Stock Option (right to buy) Options Exercise $78,991 -59,616 -5.2% $1.32* 1,080,936 08 Nov 2021 Class A common stock 59,616 $1.32 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $12.940 to $13.010. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $12.750 to $12.960. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Twenty-five percent of the stock option grant vested on April 29, 2020 and the remainder vested in quarterly increments thereafter.
F4 Twenty-five percent of the stock option grant vested on August 1, 2021 and the remainder vested in quarterly increments thereafter.