Form Type: 4

SEC EDGAR Link
Accession Number:0001104659-21-098446
Date:2021-07-30
Issuer: DRAFTKINGS INC. (DKNG)
Original Submission Date:

Reporting Person:

PARK JASON
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR BOSTON, MA 02116

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2021-07-30 M 53,350 a $4.70 345,949 direct
CLASS A COMMON STOCK 2021-07-30 S 36,813 d $48.54 309,136 direct
CLASS A COMMON STOCK 2021-07-30 S 16,537 d $49.51 292,599 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
EMPLOYEE STOCK OPTION 4.7 2021-07-30 deemed execution date M 53,350 (d) 2029-06-04 class a common stock 53,350 $4.70 272,988 direct
Footnotes
IDfootnote
f1 these transactions were effected pursuant to a rule 10b5-1 trading plan.
f2 represents shares of class a common stock of the issuer underlying options exercised by the reporting person.
f3 the price reported in column 4 is a weighted average price. these shares were obtained via an exercise and sell transaction and sold in multiple transactions at prices ranging from $48.19 to $49.18, 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.
f4 the price reported in column 4 is a weighted average price. these shares were obtained via an exercise and sell transaction and sold in multiple transactions at prices ranging from $49.21 to $50.00, inclusive.
f5 the options are vested and currently exercisable.
WhaleWisdom Logo

Elevate your investments