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Filing Details

Accession Number:: 0001104659-21-067124
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-14 20:36:51
Reporting Period:: 2021-05-14

Accepted Time:: 2021-05-14 20:36:51
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
1810231	Jason Robins	C/O Draftkings Inc. 222 Berkeley Street, 5Th Floor Boston MA 02116	See Remarks	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-05-14	333,333	$3.29	333,333	No	4	M	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
Class A Common Stock	Disposition	2021-05-14	42,937	$42.10	290,396	No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
Class A Common Stock	Disposition	2021-05-14	24,300	$42.78	266,096	No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
Class A Common Stock	Disposition	2021-05-14	128,896	$44.20	137,200	No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
Class A Common Stock	Disposition	2021-05-14	137,200	$44.81	0	No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust
No	4	S	Indirect	Held by Robins September 2020 Grantor Retained Annuity Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Employee Stock Option	Disposition	2021-05-14	333,333	$0.00	333,333	$3.29

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,139,439		2028-05-03	No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	5,165,734	Direct
Class A Common Stock	20,168	Indirect	Held by Robins Grantor Retained Annuity Trust of 2020
Class A Common Stock	20,567	Indirect	Held by Jason Robins Revocable Trust u/d/t January 8, 2014
Class A Common Stock	6,594	Indirect	Held by Robins Family LLC

Footnotes

These transactions were effected pursuant to a Rule 10b5-1 trading plan last amended by the Robins September 2020 Grantor Retained Annuity Trust, of which the Reporting Person serves as Trustee, on December 11, 2020.
Represents shares of Class A Common Stock of the Issuer underlying options exercised by the Robins September 2020 Grantor Retained Annuity Trust.
The price reported in Column 4 is a weighted average price. These shares were obtained via an exercise and sell transaction and sold in multiple transactions at prices ranging from $41.44 to $42.435, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 3, 4, 5 and 6 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were obtained via an exercise and sell transaction and sold in multiple transactions at prices ranging from $42.44 to $43.42, inclusive.
The price reported in Column 4 is a weighted average price. These shares were obtained via an exercise and sell transaction and sold in multiple transactions at prices ranging from $43.465 to $44.46, inclusive.
The price reported in Column 4 is a weighted average price. These shares were obtained via an exercise and sell transaction and sold in multiple transactions at prices ranging from $44.47 to $45.24, inclusive.
The options are vested and currently exercisable.