Casey Chafkin - Dec 14, 2023 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role: Chief Strategy Officer, Director
Signature: /s/ Andrew Dahlinghuas, Attorney-in-Fact
Stock symbol: SKLZ
Transactions as of: Dec 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/15/2023, 03:21 PM
Previous filing: Dec 6, 2023
Next filing: Mar 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKLZ	Class A common stock	Options Exercise	$0	+3.37K	+0.45%	$0.00	756K	Dec 14, 2023	Direct	F1

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	-3.37K	-10%	$0.00	30.4K	Dec 14, 2023	Class A common stock	3.37K		Direct	F2, F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units vested and settled in Class A common stock of the Issuer on December 14, 2023.
F2	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F3	On June 23, 2023 (the "Effective Date"), the Class A common stock of the Issuer underwent a 1-for-20 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split (even if the listed transaction occurred before the Effective Date of the Reverse Stock Split).
F4	The grant of restricted stock units was previously reported as covering 1,079,198 shares, 741,948 which remain unvested (prior to the Reverse Stock Split, which is equal to 37,097 shares post Reverse Stock Split). Following the reported transactions, 30,353 shares remained unvested (as adjusted for the Issuer's Reverse Stock Split).
F5	Twenty-five percent of the restricted stock unit grant vested on March 14, 2023 and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.