Kent Wakeford - 01 Jan 2023 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Director
Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
01 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 16:52:19 UTC
Previous filing
20 Dec 2022
Next filing
20 Dec 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 $0 +25,236 +415% $0.000000 31,316 01 Jan 2023 Direct F1
holding SKLZ Class A common stock 200,000 01 Jan 2023 GRAT F2
holding SKLZ Class A common stock 1,427,800 01 Jan 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 -25,236 -100% $0.000000* 0 01 Jan 2023 Class A common stock 25,236 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.