4//SEC Filing
Nada Hany M 4
Accession 0001104659-21-059399
CIK 0001772757other
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 9:47 PM ET
Size
13.3 KB
Accession
0001104659-21-059399
Insider Transaction Report
Form 4
DraftKings Inc.DKNG
Nada Hany M
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2021-04-28+756→ 1,315,420 total - Exercise/Conversion
Restricted Stock Units
2021-04-28−11,816→ 0 total→ Class A Common Stock (11,816 underlying) - Exercise/Conversion
Restricted Stock Units
2021-04-28−756→ 0 total→ Class A Common Stock (756 underlying) - Exercise/Conversion
Class A Common Stock
2021-04-28+11,816→ 1,314,664 total
Holdings
- 5,273(indirect: By LLC)
Class A Common Stock
Footnotes (5)
- [F1]No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs"). Each RSU 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, dated March 15, 2021, between the Reporting Person and the Initial Purchasers (as defined therein).
- [F2]The shares of Class A Common Stock reported herein give effect to the distributions of shares by ACME SPV DK, LLC for no additional consideration to its members, including the Reporting Person and ACME, LLC, subsequent to the Reporting Person's last Section 16 filing reporting beneficial ownership of Class A Common Stock. As the distributions 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 distributions pursuant to Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). The Reporting Person's direct beneficial ownership reported in Table I includes 1,302,848 shares of Class A Common Stock as a result of the distributions.
- [F3]Represents shares of Class A Common Stock held directly by ACME, LLC for which the Reporting Person shares beneficial ownership. The Reporting Person disclaims beneficial ownership over the shares held by ACME, LLC except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- [F4]The RSUs were granted on August 12, 2020 and became fully vested on April 28, 2021.
- [F5]The RSUs were granted on February 24, 2021 and became fully vested on April 28, 2021.
Documents
Issuer
DraftKings Inc.
CIK 0001772757
Entity typeother
Related Parties
1- filerCIK 0001810238
Filing Metadata
- Form type
- 4
- Filed
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 9:47 PM ET
- Size
- 13.3 KB