Alan Wayne Ellingson - 14 Feb 2025 Form 4 Insider Report for DraftKings Inc. (DKNG)

Signature
/s/ Faisal Hasan, attorney-in-fact
Issuer symbol
DKNG
Transactions as of
14 Feb 2025
Net transactions value
-$5,991
Form type
4
Filing time
18 Feb 2025, 20:01:36 UTC
Previous filing
11 Feb 2025
Next filing
26 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DKNG Class A Common Stock Award +381 +1.6% 23,654 14 Feb 2025 Direct F1, F2
transaction DKNG Class A Common Stock Tax liability $5,991 -112 -0.47% $53.49 23,542 14 Feb 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals. 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 381 shares of Class A Common Stock underlying the RSUs, and 112 shares of Class A Common Stock withheld by the Issuer.