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DraftKings Inc. — Director's Dealing 2022
May 14, 2022
30277_dirs_2022-05-13_2415f520-8689-4722-90dd-8e6f9fc8542f.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: 2022-05-12
Reporting Person: Kalish Matthew (Director, See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-12 | Class A Common Stock | M | 28309 | — | Acquired | 2496570 | Direct |
| 2022-05-12 | Class A Common Stock | F | 12600 | $11.37 | Disposed | 2483970 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-12 | Restricted Stock Units | $ | M | 28309 | Disposed | Class A Common Stock (28309) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 257722 | Indirect |
| Class A Common Stock | 196279 | Indirect |
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 28,309 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 12,600 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: On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years.