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

Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
14 Mar 2023
Net transactions value
$0
Form type
4
Filing time
14 Mar 2023, 18:09:34 UTC
Previous filing
07 Mar 2023
Next filing
06 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $0 +269,800 +2.1% $0.000000 13,103,178 14 Mar 2023 Direct

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 -269,800 -25% $0.000000 809,398 14 Mar 2023 Class A common stock 269,800 Direct F1, F2
* 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 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 12 quarters.