Filing Details

Accession Number:
0001801661-23-000036
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-10 17:08:19
Reporting Period:
2023-08-08
Accepted Time:
2023-08-10 17:08:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1801661 Skillz Inc. SKLZ Services-Computer Processing & Data Preparation (7374) 844478274
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1942194 Jason Roswig C/O Skillz Inc.
6625 Badura Avenue
Las Vegas NV 89118
President & Cfo 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 2023-08-08 130,151 $0.00 130,151 No 4 M Direct
Class A Common Stock Disposition 2023-08-09 44,872 $10.03 85,279 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
Restricted Stock Units Restricted Stock Units Disposition 2023-08-08 130,151 $0.00 130,151 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
390,456 No 4 M Direct
Footnotes
  1. The restricted stock units vested and settled in Class A common stock of the Company on August 8, 2023.
  2. Represents securities sold on the open market to satisfy tax obligations owed by the Reporting Person in connection with the vesting of restricted stock units.
  3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
  4. On June 23, 2023 (the "Effective Date"), the Class A common stock of the Issuer underwent a 1-for-20 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split (even if the listed transaction occurred before the Effective Date of the Reverse Stock Split).
  5. The grant of restricted stock units was previously reported as covering 2,603,039 shares (prior to the Reverse Stock Split, which is equal to 130,151 shares post Reverse Stock Split).
  6. 130,151 restricted stock units represents twenty-five percent of the restricted stock units granted to Mr. Roswig and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.