Accession Number: | 0001104659-21-041652 |
Date: | 2021-03-23 |
Issuer: | DRAFTKINGS INC. (DKNG) |
Original Submission Date: |
DODGE R STANTON
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON, MA 02116
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2021-03-23 | M | 1,901 | a | $0.00 | 241,575 | direct | ||
CLASS A COMMON STOCK | 2021-03-23 | F | 835 | d | $69.75 | 240,740 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNITS | 0.0 | 2021-03-23 | deemed execution date | M | 1,901 (d) | class a common stock 1,901 | $0.00 | 1,902 | direct |
ID | footnote |
---|---|
f1 | no shares of class a common stock were transferred or sold upon the vesting of the restricted stock units other than to the issuer to satisfy withholding taxes as allowed by the lock-up agreement, dated march 15, 2021, between the reporting person and the initial purchasers (as defined therein) (the "lock-up agreement"). the reporting person received the net of the 1,901 shares of class a common stock underlying the restricted stock units listed in table ii, and 835 shares of class a common stock withheld by the issuer. each restricted stock unit represents a contingent right to receive one share of the issuer's class a common stock and such reporting person's shares of class a common stock are subject to the restrictions set forth in the lock-up agreement. |
f2 | on august 11, 2020, the reporting person was granted 22,818 restricted stock units vesting in twelve (12) equal monthly installments from april 23, 2020, with any restricted stock units scheduled to vest before september 12, 2020 vesting on september 12, 2020, and the vesting of the remaining restricted stock units occurring on september 23, 2020 and each month thereafter. |