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
- The restricted stock units vested and settled in Class A common stock of the Issuer on November 8, 2023.
- 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.
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- 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).
- 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).
- 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.