Home > Insider Trading > Filing (0001104659-20-076915)

Filing Details

Accession Number:: 0001104659-20-076915
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-06-25 17:12:35
Reporting Period:: 2020-06-23

Accepted Time:: 2020-06-25 17:12:35
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1772757	Draftkings Inc.	DKNG	Services-Miscellaneous Amusement & Recreation (7990)	844052441

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1810239	R Ryan Moore	C/O Draftkings Inc. 222 Berkeley Street, 5Th Floor Boston MA 02116		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2020-06-23	1,000,000	$38.80	8,284,008	No	4	S	Indirect	Held by Atlas Venture Fund VIII, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Held by Atlas Venture Fund VIII, L.P.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	765,616	Indirect	Held by Accomplice Fund I, L.P.
Class A Common Stock	147,846	Indirect	Held by Accomplice Management Holdings, LLC
Class A Common Stock	279,989	Indirect	Held by Accomplice Fund II, L.P.

Footnotes

Represents shares of Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock") of DraftKings Inc. sold by Atlas Venture Fund VIII, L.P. ("Atlas VIII") in a public offering of shares of Class A Common Stock, pursuant to an Underwriting Agreement dated June 18, 2020, which closed on June 23, 2020. The shares of Class A Common Stock were sold at the price of $38.80 per share to the underwriters. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
The shares are held directly by Atlas VIII. Atlas Venture Associates VIII, L.P. ("Atlas Assoc VIII LP") is the sole general partner of Atlas VIII. Atlas Venture Associates VIII, Inc. is the sole general partner of Atlas Assoc VIII LP. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
The shares are held directly by Accomplice Fund I, L.P. ("ACC I"). Accomplice Associates I, LLC ("ACC Assoc I") is the sole general partner of ACC I. Mr. Moore is a Managing Member of ACC Assoc I. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
The shares are held directly by Accomplice Management Holdings ("ACC Holdings"). Includes 28,364 shares received in a pro rata distribution from Accomplice DK Investors, LLC subsequent to Mr. Moore's most recent Section 16 report, which distribution was not required to be reported pursuant to Section 16. Following the distribution Accomplice DK Investors, LLC no longer holds any shares. Mr. Moore is a Class A Member of ACC Holdings. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
The shares are held directly by Accomplice Fund II, L.P. ("ACC II"). Accomplice Associates II, LLC ("ACC Assoc II") is the sole general partner of ACC II. Mr. Moore is a Managing Member of ACC Assoc II. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.