Charlotte Edelman - 01 Mar 2023 Form 4 Insider Report for Skillz Inc. (SKLZ)

Signature
Charlotte Edelman
Issuer symbol
SKLZ
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
02 Mar 2023, 17:34:54 UTC
Previous filing
18 Feb 2022
Next filing
16 May 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 +119,904 +92% $0.000000 250,317 01 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 -119,904 -25% $0.000000 359,712 01 Mar 2023 Class A common stock 119,904 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.