MARNI M. WALDEN - 14 Feb 2023 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 2023
Net transactions value
$0
Form type
4
Filing time
16 Feb 2023, 20:00:58 UTC
Previous filing
04 Nov 2022
Next filing
04 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Options Exercise +1,129 +0.71% 159,063 14 Feb 2023 Direct F1

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 +1,129 $0.000000 1,129 14 Feb 2023 Class A Common Stock 1,129 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Options Exercise $0 -1,129 -100% $0.000000* 0 14 Feb 2023 Class A Common Stock 1,129 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
F4 The RSUs were granted and became fully vested on February 14, 2023.