Filing Details

Accession Number:
0001979813-23-000011
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-13 12:34:01
Reporting Period:
2023-11-08
Accepted Time:
2023-11-13 12:34:01
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
Restricted Stock Units Acquisiton 2023-11-08 32,538 $0.00 117,817 No 4 M Direct
Restricted Stock Units Disposition 2023-11-10 17,194 $5.07 100,623 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 2023-11-08 32,538 $0.00 32,538 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
357,918 No 4 M Direct
Footnotes
  1. The restricted stock units vested and settled in Class A common stock of the Issuer on November 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 650,760 shares (prior to the Reverse Stock Split, which is equal to 32,538 shares post Reverse Stock Split). Following the reportedtransactions, 357,918 shares remained unvested (as adjusted for the Issuer's Reverse Stock Split).
  6. Twenty-five percent of the restricted stock unit grant vested on August 8, 2023 and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.