Alexander Mandel - 20 Jan 2024 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Director
Signature
/s/ Andrew Dahlinghaus, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
20 Jan 2024
Net transactions value
$0
Form type
4
Filing time
23 Jan 2024, 15:35:01 UTC
Previous filing
08 Mar 2023
Next filing
23 Dec 2025
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 +7,067 $0.000000 7,067 20 Jan 2024 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 -7,067 -25% $0.000000 21,204 20 Jan 2024 Class A common stock 7,067 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 January 20, 2024.
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 565,431 shares, all of which remain unvested prior to the Reverse Stock Split. Following the reported transactions, 21,204 shares remained unvested (as adjusted for the Issuer's Reverse Stock Split).
F5 This restricted stock grant will vest in four equal annual installments beginning on January 20, 2024.