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Filing Details

Accession Number:: 0001104659-25-017625
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-02-26 19:38:36
Reporting Period:: 2025-02-24

Filing Date:: 2025-02-26
Accepted Time:: 2025-02-26 19:38:36
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1883685	Draftkings Inc.	DKNG	Services-Miscellaneous Amusement & Recreation (7990)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
2019299	Wayne Alan Ellingson	C/O Draftkings Inc. 222 Berkeley Street, 5Th Floor Boston MA 02116	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2025-02-24	314,444	$0.00	337,986	No	4	A	Direct
Class A Common Stock	Acquisiton	2025-02-24	213	$0.00	338,199	No	4	M	Direct
Class A Common Stock	Disposition	2025-02-24	103	$44.27	338,096	No	4	F	Direct
Class A Common Stock	Disposition	2025-02-25	103,827	$42.21	234,269	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-25	52,137	$42.77	182,132	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-25	2,697	$43.91	179,435	No	4	S	Direct
Class A Common Stock	Disposition	2025-02-26	5,881	$43.10	173,554	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Disposition	2025-02-24	213	$0.00	213	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct

Footnotes

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Represents the vesting of the RSUs granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals.
No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 213 shares of Class A Common Stock underlying the RSUs listed in Table II, and 103 shares of Class A Common Stock withheld by the Issuer.
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. The "sell to cover" transactions were effected pursuant to a pre-arranged program for selling shares of Class A Common stock adopted on November 21, 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 $41.53 to $42.52, 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 5, 6, and 7 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 $42.53 to $43.52, inclusive. See the last sentence of footnote 5 to this Form 4 above.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.53 to $44.00, inclusive. See the last sentence of footnote 5 to this Form 4 above.
The reported sales were made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on November 20, 2024 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
On February 24, 2021, the Reporting Person was granted 3,411 RSUs vesting quarterly over four (4) years.