Andrew Paradise - 11 May 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Charlotte Edelman
Issuer symbol
SKLZ
Transactions as of
11 May 2022
Net transactions value
$0
Form type
4
Filing time
12 May 2022, 08:07:48 UTC
Previous filing
18 Mar 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $358,249 +7,024,488 +1625% $0.0510* 7,456,647 11 May 2022 Direct

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 $358,249 -7,024,488 -100% $0.0510* 0 11 May 2022 Class A common stock 7,024,488 $0.0510 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent of the stock option grant vested on January 1, 2018 and the remainder vested in quarterly increments thereafter.