CHRISTOPHER S. GAFFNEY - 08 Mar 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Director
Signature
/s/ Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
08 Mar 2022
Net transactions value
+$21,457
Form type
4
Filing time
10 Mar 2022, 18:45:20 UTC
Previous filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKLZ Class A common stock Options Exercise $13,571 +5,562 $2.44 5,562 08 Mar 2022 Direct
transaction SKLZ Class A common stock Options Exercise $7,886 +3,232 +58% $2.44 8,794 08 Mar 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 -5,562 -100% $0.000000* 0 08 Mar 2022 Class A common stock 5,562 $0.000000 Direct F1, F2
transaction SKLZ Restricted Stock Units Options Exercise $0 -3,232 -25% $0.000000 9,696 08 Mar 2022 Class A common stock 3,232 $0.000000 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.