Filing Details
- Accession Number:
- 0001104659-21-070641
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-21 21:03:57
- Reporting Period:
- 2021-05-21
- Accepted Time:
- 2021-05-21 21:03:57
- 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 |
|---|---|---|---|---|---|---|---|
| 1810235 | Jason Park | C/O Draftkings Inc. 222 Berkeley Street, 5Th Floor Boston MA 02116 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2021-05-21 | 53,350 | $4.70 | 341,892 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-05-21 | 43,837 | $45.05 | 298,055 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2021-05-21 | 9,513 | $45.78 | 288,542 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Employee Stock Option | Disposition | 2021-05-21 | 53,350 | $0.00 | 53,350 | $4.70 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 379,688 | 2029-06-04 | No | 4 | M | Direct |
Footnotes
- These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 19, 2021.
- Represents shares of Class A Common Stock of the Issuer underlying options exercised by the Reporting Person.
- 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 $44.52 to $45.51, 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 and 4 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 $45.52 to $45.98, inclusive.
- The options are vested and currently exercisable.
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