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DraftKings Inc. — Director's Dealing 2022
Jul 27, 2022
30277_dirs_2022-07-26_acc7adae-5a25-4d60-91d7-9626bb584098.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DraftKings Inc. (DKNG)
CIK: 0001883685
Period of Report: 2022-07-23
Reporting Person: Dodge R Stanton (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-07-23 | Class A Common Stock | M | 3565 | — | Acquired | 337112 | Direct |
| 2022-07-23 | Class A Common Stock | F | 1566 | $13.53 | Disposed | 335546 | Direct |
| 2022-07-23 | Class A Common Stock | M | 1522 | — | Acquired | 337068 | Direct |
| 2022-07-23 | Class A Common Stock | F | 669 | $13.53 | Disposed | 336399 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-23 | Restricted Stock Units | $ | M | 3565 | Disposed | Class A Common Stock (3565) | Direct | |
| 2022-07-23 | Restricted Stock Units | $ | M | 1522 | Disposed | Class A Common Stock (1522) | Direct |
Footnotes
F1: No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 3,565 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 1,566 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2: No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 1,522 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 669 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3: On August 11, 2020, the Reporting Person was granted 57,045 restricted stock units, vesting quarterly over 4 years from April 23, 2020, with any restricted stock units scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining restricted stock units occurring on October 23, 2020 and each quarter thereafter.
F4: On February 9, 2022, the Reporting Person was granted 18,118 restricted stock units vesting in twelve (12) equal monthly installments from April 23, 2022.