Filing Details

Accession Number:
0001104659-20-076915
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-25 17:12:35
Reporting Period:
2020-06-23
Accepted Time:
2020-06-25 17:12:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1772757 Draftkings Inc. DKNG Services-Miscellaneous Amusement & Recreation (7990) 844052441
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1810239 R Ryan Moore C/O Draftkings Inc.
222 Berkeley Street, 5Th Floor
Boston MA 02116
Yes No 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 Disposition 2020-06-23 1,000,000 $38.80 8,284,008 No 4 S Indirect Held by Atlas Venture Fund VIII, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Held by Atlas Venture Fund VIII, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 765,616 Indirect Held by Accomplice Fund I, L.P.
Class A Common Stock 147,846 Indirect Held by Accomplice Management Holdings, LLC
Class A Common Stock 279,989 Indirect Held by Accomplice Fund II, L.P.
Footnotes
  1. Represents shares of Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock") of DraftKings Inc. sold by Atlas Venture Fund VIII, L.P. ("Atlas VIII") in a public offering of shares of Class A Common Stock, pursuant to an Underwriting Agreement dated June 18, 2020, which closed on June 23, 2020. The shares of Class A Common Stock were sold at the price of $38.80 per share to the underwriters. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  2. The shares are held directly by Atlas VIII. Atlas Venture Associates VIII, L.P. ("Atlas Assoc VIII LP") is the sole general partner of Atlas VIII. Atlas Venture Associates VIII, Inc. is the sole general partner of Atlas Assoc VIII LP. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  3. The shares are held directly by Accomplice Fund I, L.P. ("ACC I"). Accomplice Associates I, LLC ("ACC Assoc I") is the sole general partner of ACC I. Mr. Moore is a Managing Member of ACC Assoc I. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  4. The shares are held directly by Accomplice Management Holdings ("ACC Holdings"). Includes 28,364 shares received in a pro rata distribution from Accomplice DK Investors, LLC subsequent to Mr. Moore's most recent Section 16 report, which distribution was not required to be reported pursuant to Section 16. Following the distribution Accomplice DK Investors, LLC no longer holds any shares. Mr. Moore is a Class A Member of ACC Holdings. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  5. The shares are held directly by Accomplice Fund II, L.P. ("ACC II"). Accomplice Associates II, LLC ("ACC Assoc II") is the sole general partner of ACC II. Mr. Moore is a Managing Member of ACC Assoc II. Mr. Moore disclaims Section 16 beneficial ownership of all shares except to the extent of his pecuniary interest, if any, therein. This report shall not be deemed to be an admission that Mr. Moore is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.