Key facts
- This page summarizes Seth Schorr's Form 4 filing for Skillz Inc. (SKLZ).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Sep 2024, 13:09.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
The restricted stock units vested and settled in Class A common stock of the Company on September 4, 2024.
Footnote F2
Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
Footnote F3
On June 23, 2023 (the "Effective Date"), the Class A common stock of the Company underwent a 1-for-20 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split (even if the listed transaction occurred before the Effective Date of the Reverse Stock Split). The grant of restricted stock units was previously reported as covering 231,945 shares (prior to the Reverse Stock Split, which is equal to 11,597 shares post Reverse Stock Split). Following the reported transactions, 6,235 shares remained unvested (as adjusted for the Company's Reverse Stock Split).
Footnote F4
3,116 restricted stock units represents twenty-five percent of the restricted stock units granted to Mr. Schorr and the remainder will vest in substantially equal annual installments thereafter over the next two years.
SEC remarks
See Exhibit 24.1 - Power of Attorney