Filing Details

Accession Number:
0001104659-21-110673
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-27 20:09:24
Reporting Period:
2021-08-27
Accepted Time:
2021-08-27 20:09:24
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 2021-08-27 53,350 $4.70 347,428 No 4 M Direct
Class A Common Stock Disposition 2021-08-27 9,241 $58.50 338,187 No 4 S Direct
Class A Common Stock Disposition 2021-08-27 41,512 $59.56 296,675 No 4 S Direct
Class A Common Stock Disposition 2021-08-27 2,597 $59.98 294,078 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
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 2021-08-27 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
219,638 2029-06-04 No 4 M Direct
Footnotes
  1. These transactions were effected pursuant to a Rule 10b5-1 trading plan.
  2. Represents shares of Class A Common Stock of the Issuer underlying options exercised by the Reporting Person.
  3. 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 $57.91 to $58.86, 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 and 5 to this Form 4.
  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 $58.95 to $59.93, inclusive.
  5. 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 $59.95 to $60.015, inclusive.
  6. The options are vested and currently exercisable.