Filing Details
- Accession Number:
- 0001104659-24-093547
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-27 20:02:36
- Reporting Period:
- 2024-08-26
- Accepted Time:
- 2024-08-27 20:02:36
- 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 |
---|---|---|---|---|---|---|---|
1810204 | Paul Liberman | 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 | 2024-08-26 | 74,097 | $0.63 | 2,572,580 | No | 4 | M | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
Class A Common Stock | Acquisiton | 2024-08-26 | 14,344 | $0.63 | 2,586,924 | No | 4 | M | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
Class A Common Stock | Disposition | 2024-08-26 | 78,466 | $35.56 | 2,508,458 | No | 4 | S | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
Class A Common Stock | Disposition | 2024-08-26 | 9,975 | $36.25 | 2,498,483 | No | 4 | S | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
No | 4 | M | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
No | 4 | S | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
No | 4 | S | Indirect | Held by the Paul Liberman 2015 Revocable Trust |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Stock Option | Disposition | 2024-08-26 | 74,097 | $0.00 | 74,097 | $0.63 |
Class A Common Stock | Stock Option | Disposition | 2024-08-26 | 14,344 | $0.00 | 14,344 | $0.63 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2025-02-18 | No | 4 | M | Indirect | |
176,882 | 2025-08-27 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 5,262 | Direct | |
Class A Common Stock | 205,962 | Indirect | Held by the Paul Liberman 2020 Trust |
Class A Common Stock | 213,597 | Indirect | Held by the Paul Liberman 2020 Irrevocable Trust |
Class A Common Stock | 200,000 | Indirect | Held by the Rachel Nager Liberman Irrevocable Trust - 2022 |
Footnotes
- The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and paid the aggregate exercise price and the tax withholdings in cash.
- The reported sales were made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on March 5, 2024 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 $35.08 to $36.04, 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 footnotes 3 and 4 to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.09 to $36.49, inclusive. See the last sentence of footnote 3 to this Form 4 above.
- These stock options were granted on February 10, 2016. As of the date hereof, all such remaining stock options have vested.