Charlotte Edelman - Mar 1, 2023 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
VP of Legal and Secretary
Signature
Charlotte Edelman
Stock symbol
SKLZ
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 05:34 PM
Previous filing
Feb 18, 2022
Next filing
May 16, 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 +120K +91.94% $0.00 250K Mar 1, 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 -120K -25% $0.00 360K Mar 1, 2023 Class A common stock 120K Direct F1, F2, F3
* 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 Settlement of restricted stock units was originally scheduled for February 16, 2023, but due to administrative issues was delayed until March 1, 2023.
F3 Twenty-five percent of the restricted stock unit grant vested on March 1, 2023 and the remainder will vest in substantially equal quarterly installments thereafter over the next 12 quarters.