Seth Schorr - 04 Sep 2024 Form 4 Insider Report for Skillz Inc. (SKLZ)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Sep 2024, 13:09:04 UTC
Prior SEC filing
29 Aug 2023
Next SEC filing
03 Aug 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nikul D. Patel, Attorney-in-Fact

Key filing fact

Seth Schorr filed Form 4 for Skillz Inc. (SKLZ) on 06 Sep 2024.

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.

Change

  • Previous filing in this sequence was filed on 29 Aug 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKLZ transaction

Class A common stock

Options Exercise

Transaction value
$0
Shares
+3,116
Change %
+33%
Price
$0.000000
Shares after
12,467
Date
04 Sep 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKLZ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-3,116
Change %
-33%
Price
$0.000000
Shares after
6,235
Date
04 Sep 2024
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
3,116
Exercise price
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

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

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