Casey Chafkin - 04 Sep 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
04 Sep 2022
Net transactions value
+$22,904
Form type
4
Filing time
07 Sep 2022, 16:39:55 UTC
Previous filing
06 Jun 2022
Next filing
06 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $22,904 +18,323 +0.14% $1.25* 12,796,732 04 Sep 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 Restricted Stock Units Options Exercise $0 -18,323 -9.1% $0.000000 183,231 04 Sep 2022 Class A common stock 18,323 $0.000000 Direct F1, F2
* 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 grant vested on March 4, 2022 and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.