Kent Wakeford - Jan 1, 2023 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Director
Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Stock symbol
SKLZ
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 04:52 PM
Previous filing
Dec 20, 2022
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $0 +25.2K +415.07% $0.00 31.3K Jan 1, 2023 Direct F1
holding SKLZ Class A common stock 200K Jan 1, 2023 GRAT F2
holding SKLZ Class A common stock 1.43M Jan 1, 2023 Trust F3

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 -25.2K -100% $0.00* 0 Jan 1, 2023 Class A common stock 25.2K Direct F1, F4
* 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 This position is held by a Grantor Retained Annuity Trust, of which Mr. Wakeford is the sole beneficiary and trustee and has investment control over the shares.
F3 This position is held by a Trust, of which Mr. Wakeford is the sole grantor, trustee, and beneficiary.
F4 The restricted stock units vested 100% on January 1, 2023.