Park Jason 4
4 · DraftKings Inc. · Filed Jan 24, 2024
Insider Transaction Report
Form 4
DraftKings Inc.DKNG
Park Jason
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-01-23−4,635→ 4,635 total→ Class A Common Stock (4,635 underlying) - Tax Payment
Class A Common Stock
2024-01-23$38.29/sh−1,559$59,694→ 259,412 total - Exercise/Conversion
Class A Common Stock
2024-01-23+4,635→ 260,971 total
Holdings
- 42,689(indirect: By Trust)
Class A Common Stock
Footnotes (2)
- [F1]No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,635 shares of Class A Common Stock underlying the RSUs listed in Table II, and 1,559 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]On August 11, 2020, the Reporting Person was granted 74,158 RSUs vesting quarterly over 4 years from April 23, 2020, with any RSUs scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining RSUs occurring on October 23, 2020 and each quarter thereafter.