Charlotte Edelman - 16 May 2023 Form 4 Insider Report for Skillz Inc. (SKLZ)

Signature
Charlotte Edelman
Issuer symbol
SKLZ
Transactions as of
16 May 2023
Transactions value $
$0
Form type
4
Filing time
16 May 2023, 20:29:37 UTC
Previous filing
02 Mar 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 +30K +11.98% $0.00 280K 16 May 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 -30K -8.33% $0.00 330K 16 May 2023 Class A common stock 30K 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 was scheduled to vest on February 16, 2023 but was delayed until March 1, 2023 due to administrative issues. The remainder will vest in substantially equal quarterly installments over the next 12 quarters after February 16, 2023.