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

Role
Chief Product Officer
Signature
/s/ Charlotte Edelman
Stock symbol
SKLZ
Transactions as of
Mar 16, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 09:18 PM
Previous filing
Nov 1, 2021

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 +432K $0.00 432K Mar 16, 2022 Class A common stock 432K Direct F1, F2
transaction SKLZ Restricted Stock Units Award $0 +1.3M $0.00 1.3M Mar 16, 2022 Class A common stock 1.3M $0.00 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.