Kent Wakeford - 16 Dec 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Director
Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
16 Dec 2022
Net transactions value
$0
Form type
4
Filing time
20 Dec 2022, 16:34:55 UTC
Previous filing
04 Jan 2022
Next filing
04 Jan 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 Award $0 +6,080 $0.000000 6,080 16 Dec 2022 Direct
holding SKLZ Class A common stock 200,000 16 Dec 2022 GRAT F1
holding SKLZ Class A common stock 1,427,800 16 Dec 2022 Trust F2

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 -6,080 -33% $0.000000 12,161 16 Dec 2022 Class A common stock 6,080 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This position is held by a Trust, of which Mr. Wakeford is the sole grantor, trustee, and beneficiary.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F4 This restricted stock grant vests in four equal installments beginning on December 16, 2021 and each year thereafter.