MARNI M. WALDEN - 30 Jul 2024 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role
Director
Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
30 Jul 2024
Net transactions value
$0
Form type
4
Filing time
01 Aug 2024, 20:08:48 UTC
Previous filing
15 May 2024
Next filing
08 Nov 2024
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 +522 +0.29% 182,278 30 Jul 2024 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 +522 $0.000000 522 30 Jul 2024 Class A Common Stock 522 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Options Exercise $0 -522 -100% $0.000000* 0 30 Jul 2024 Class A Common Stock 522 Direct F1, F2, F3, F4
transaction DKNG Restricted Stock Units Award $0 +6,969 $0.000000 6,969 30 Jul 2024 Class A Common Stock 6,969 Direct F2, F5, F6
* 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 July 30, 2024.
F5 Represents annual equity grant.
F6 The RSUs were granted on July 30, 2024 and shall vest in full on the earlier of the Issuer's annual meeting of shareholders in 2025 and the first anniversary of the grant date.