Vatsal Bhardwaj - 16 Mar 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Chief Product Officer
Signature
/s/ Charlotte Edelman
Issuer symbol
SKLZ
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
4
Filing time
16 Mar 2022, 21:18:12 UTC
Previous filing
01 Nov 2021
SEC
View on sec.gov

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 Restricted Stock Units Award $0 +431,679 $0.000000 431,679 16 Mar 2022 Class A common stock 431,679 Direct F1, F2
transaction SKLZ Restricted Stock Units Award $0 +1,295,038 $0.000000 1,295,038 16 Mar 2022 Class A common stock 1,295,038 $0.000000 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 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.
F3 The restricted stock units will vest 25% on March 16, 2023 and in substantially equal quarterly installments thereafter over the next three years.