MARNI M. WALDEN - 14 Feb 2022 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
14 Feb 2022
Net transactions value
$0
Form type
4
Filing time
16 Feb 2022, 19:24:11 UTC
Previous filing
19 Nov 2021
Next filing
21 Apr 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DKNG Restricted Stock Units Award $0 +619 $0.000000 619 14 Feb 2022 Class A Common Stock 619 Direct F1, F2, F3
transaction DKNG Restricted Stock Units Award $0 +26 +4.2% $0.000000 645 14 Feb 2022 Class A Common Stock 26 Direct F1, F3, F4
transaction DKNG Restricted Stock Units Award $0 +900 +140% $0.000000 1,545 14 Feb 2022 Class A Common Stock 900 Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 Represents RSU grant that is being issued in lieu of a quarterly cash retainer for the fourth quarter of 2021.
F3 The RSUs were granted on February 14, 2022 and shall vest in full on the earlier of (i) the next annual meeting of the stockholders of the Issuer following the grant date and (ii) the first anniversary of the grant date.
F4 Represents RSU grant that is being issued in lieu of a quarterly cash retainer for the third quarter of 2021, as consideration for the Reporting Person's service on the Compliance Committee of the Board of Directors of the Issuer.
F5 Represents RSU grant that is being issued as a one-time payment for 2021, as consideration for the Reporting Person's service on the Transaction Committee of the Board of Directors of the Issuer.