Filing Details

Accession Number:
0001104659-21-126883
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-10-15 20:11:17
Reporting Period:
2021-10-14
Accepted Time:
2021-10-15 20:11:17
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
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 2021-10-14 67,768 $3.29 1,399,215 No 4 M Direct
Class A Common Stock Acquisiton 2021-10-14 17,232 $3.29 1,416,447 No 4 M Direct
Class A Common Stock Disposition 2021-10-14 30,043 $49.92 1,386,404 No 4 S Direct
Class A Common Stock Disposition 2021-10-14 54,957 $50.82 1,331,447 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option Disposition 2021-10-14 67,768 $0.00 67,768 $3.29
Class A Common Stock Employee Stock Option Disposition 2021-10-14 17,232 $0.00 17,232 $3.29
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
49,686 2028-04-18 No 4 M Direct
73,402 2028-04-18 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 4,286 Indirect Held by the Paul Liberman 2015 Revocable Trust
Class A Common Stock 272,357 Indirect Held by the Paul Liberman 2020 Trust
Class A Common Stock 13,597 Indirect Held by the Liberman Grantor Retained Annuity Trust of 2020
Class A Common Stock 200,000 Indirect Held by the Rachel Nager Liberman 2015 Revocable Trust
Class A Common Stock 200,000 Indirect Held by the Paul Liberman 2020 Irrevocable Trust
Footnotes
  1. Represents shares of Class A Common Stock of the Issuer underlying options exercised by the Reporting Person.
  2. These transactions were effected pursuant to a Rule 10b5-1 trading plan.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.34 to $50.32, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.34 to $51.30, inclusive.
  5. The options were granted on April 18, 2018. Of the remaining derivative securities following this transaction, 3,445 options have vested and are exercisable and 46,241 options remain unvested.
  6. The options are vested and currently exercisable.