Home > Insider Trading > Filing (0001209191-21-069821)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1772757	Draftkings Inc.	DKNG	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1645372	Joseph Steven Murray	C/O Draftkings Inc. 222 Berkeley Street, 5Th Floor Boston MA 02116		Yes	No	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	2021-12-13	47,317	$11.50	47,317	No	4	M	Indirect	Held by Revolution Growth III, LP
Class A Common Stock	Disposition	2021-12-13	16,610	$32.76	30,707	No	4	D	Indirect	Held by Revolution Growth III, LP
Class A Common Stock	Disposition	2021-12-14	30,707	$27.92	0	No	4	S	Indirect	Held by Revolution Growth III, LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	Held by Revolution Growth III, LP
No	4	D	Indirect	Held by Revolution Growth III, LP
No	4	S	Indirect	Held by Revolution Growth III, LP

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Warrant for Common Stock	Disposition	2021-12-13	47,317	$0.00	47,317	$11.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2020-05-23	2025-04-23	No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	28,154	Direct

Footnotes

The Reporting Person is the operating manager and a member of the investment committee of the ultimate general partner of Revolution Growth III, LP ("RG3") and may be deemed to have sole voting and shared dispositive power with respect to the securities held by RG3. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
On December 13, 2021, RG3 exercised a warrant to purchase 47,317 shares of the Issuer's Class A Common Stock for $11.50 a share. RG3 paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 16,610 of the warrant shares to pay the exercise price and issuing to RG3 the remaining 30,707 shares.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.70 to $28.28 inclusive. The Reporting Person undertakes to provide to the Issuer, 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 this footnote.