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DraftKings Inc. — Director's Dealing 2024
Jun 5, 2024
30277_dirs_2024-06-04_19f3235b-6df9-4adc-8966-bf972ca64d67.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: 2024-06-01
Reporting Person: Robins Jason (Director, See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-01 | Class A Common Stock | M | 37500 | — | Acquired | 2709475 | Direct |
| 2024-06-01 | Class A Common Stock | F | 18132 | $35.13 | Disposed | 2691343 | Direct |
| 2024-06-01 | Class A Common Stock | M | 16404 | — | Acquired | 2707747 | Direct |
| 2024-06-01 | Class A Common Stock | F | 7932 | $35.13 | Disposed | 2699815 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-01 | Restricted Stock Units | $ | M | 37500 | Disposed | Class A Common Stock (37500) | Direct | |
| 2024-06-01 | Restricted Stock Units | $ | M | 16404 | Disposed | Class A Common Stock (16404) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 90 | Indirect |
| Class A Common Stock | 3151 | Indirect |
Footnotes
F1: No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 37,500 shares of Class A Common Stock underlying the RSUs listed in Table II, and 18,132 shares of Class A Common Stock withheld by the Issuer. Each RSU 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 RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 16,404 shares of Class A Common Stock underlying the RSUs listed in Table II, and 7,932 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3: On February 13, 2023, the Reporting Person was granted 600,000 RSUs vesting quarterly over four (4) years from March 1, 2023.
F4: On February 12, 2024, the Reporting Person was granted 262,467 RSUs vesting quarterly over four (4) years from March 1, 2024.