Filing Details

Accession Number:
0001104659-21-142287
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-22 09:20:28
Reporting Period:
2021-11-19
Accepted Time:
2021-11-22 09:20:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1772757 Draftkings Inc. DKNG () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1645372 Joseph Steven Murray 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 Acquisiton 2021-11-19 10,000 $36.66 28,154 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. On November 19, 2021, the Reporting Person purchased 10,000 shares of Class A Common Stock, par value $0.0001 per share, of the Issuer in open market transactions.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased at prices ranging from $36.629 to $36.67, 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 purchased at each separate price within the range set forth in this footnote.
  3. The shares reported herein give effect to the pro rata distribution of shares by Revolution Growth III, LP ("RG3") for no additional consideration to its limited partners, including the Reporting Person, and its general partner, Revolution Growth GP III, LP ("Revolution GP3"), subsequent to the Reporting Person's last filing pursuant to Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16") reporting ownership of Class A Common Stock. As the distribution of such shares constituted only a change in the form of the Reporting Person's beneficial ownership of such shares, the Reporting Person was not required to report the distribution pursuant to Section 16. As a result of the distribution, the Reporting Person's direct beneficial ownership reported in Table I includes an additional 807 shares of Class A Common Stock and the Reporting Person no longer indirectly beneficially owns shares of Class A Common Stock through RG3 or Revolution GP3.