Casey Chafkin - Sep 4, 2024 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role: Director
Signature: /s/ Nikul D. Patel, Attorney-in-Fact
Stock symbol: SKLZ
Transactions as of: Sep 4, 2024
Transactions value $: $0
Form type: 4
Date filed: 9/6/2024, 02:30 PM
Previous filing: Mar 18, 2024
Next filing: Sep 13, 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	+916	+0.12%	$0.00	761K	Sep 4, 2024	Direct	F1
transaction	SKLZ	Class A common stock	Options Exercise	$0	+3.37K	+0.44%	$0.00	764K	Sep 4, 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	-916	-24.99%	$0.00	2.75K	Sep 4, 2024	Class A common stock	916		Direct	F2, F3, F4, F5
transaction	SKLZ	Restricted Stock Units	Options Exercise	$0	-3.37K	-12.5%	$0.00	23.6K	Sep 4, 2024	Class A common stock	3.37K		Direct	F2, F3, F6, F7

* 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 Company on September 4, 2024.
F2	Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
F3	On June 23, 2023 (the "Effective Date"), the Class A common stock of the Company 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 293,169 shares, 128,252 of which remained unvested (prior to the Reverse Stock Split, which is equal to 6,412 shares post Reverse Stock Split). Following the reported transaction, 2,749 shares remain unvested (as adjusted for the Company's Reverse Stock Split).
F5	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.
F6	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, 23,609 shares remained unvested (as adjusted for the Company's Reverse Stock Split).
F7	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.