Filing Details
- Accession Number:
- 0001104659-23-087941
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-04 18:30:49
- Reporting Period:
- 2023-08-04
- Accepted Time:
- 2023-08-04 18:30:49
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1883685 | Draftkings Inc. | DKNG | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1810190 | Matthew Kalish | C/O Draftkings Inc. 222 Berkeley Street, 5Th Floor Boston MA 02116 | See Remarks | Yes | 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 | 2023-08-04 | 311,207 | $3.29 | 3,099,407 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2023-08-04 | 311,207 | $34.30 | 2,788,200 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | 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 | Stock Option | Disposition | 2023-08-04 | 311,207 | $0.00 | 311,207 | $3.29 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
242,101 | 2028-04-18 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 257,722 | Indirect | Held by Matthew P. Kalish 2020 Trust |
Class A Common Stock | 196,279 | Indirect | Held by Kalish Family 2020 Irrevocable Trusts |
Footnotes
- The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price in cash.
- The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 23, 2023 (as amended) pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.20 to $34.47, 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 this footnote 3 to this Form 4.
- These options are vested and currently exercisable.