Christopher S. Gaffney - Mar 8, 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Director
Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Stock symbol
SKLZ
Transactions as of
Mar 8, 2022
Transactions value $
$21,457
Form type
4
Date filed
3/10/2022, 06:45 PM
Previous filing
Jan 4, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $13.6K +5.56K $2.44 5.56K Mar 8, 2022 Direct
transaction SKLZ Class A common stock Options Exercise $7.89K +3.23K +58.11% $2.44 8.79K Mar 8, 2022 Direct

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 SKLZ Restricted Stock Units Options Exercise $0 -5.56K -100% $0.00* 0 Mar 8, 2022 Class A common stock 5.56K $0.00 Direct F1, F2
transaction SKLZ Restricted Stock Units Options Exercise $0 -3.23K -25% $0.00 9.7K Mar 8, 2022 Class A common stock 3.23K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F2 The restricted stock units vested 100% on March 8, 2022.
F3 Twenty-five percent of the restricted stock unit grant vested on March 8, 2022 and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.