Alvin Lobo - 03 Apr 2023 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role
Chief Financial Officer
Signature
Charlotte Edelman, Attorney-in-Fact
Issuer symbol
SKLZ
Transactions as of
03 Apr 2023
Transactions value $
$0
Form type
4
Filing time
04 Apr 2023, 16:44:35 UTC
Previous filing
08 Mar 2023
SEC
View on sec.gov

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 Award $0 +2.99M $0.00 2.99M 03 Apr 2023 Class A common stock 2.99M Direct F1, F2
* 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 Twenty-five percent of the restricted stock unit grant will vest on February 27, 2024 and the remainder will vest in substantially equal quarterly installments thereafter over the next twelve quarters.