Park Jason 4
4 · DraftKings Inc. · Filed Mar 1, 2024
Insider Transaction Report
Form 4
DraftKings Inc.DKNG
Park Jason
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-03-01−14,118→ 169,411 total→ Class A Common Stock (14,118 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-01+14,118→ 328,977 total - Tax Payment
Class A Common Stock
2024-03-01$43.53/sh−6,672$290,432→ 322,305 total
Holdings
- 0(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [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 14,118 shares of Class A Common Stock underlying the RSUs listed in Table II, and 6,672 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]Reflects the transfer of 42,689 shares of Class A Common Stock previously reported as indirectly held by the Park Family 2022 Grantor Retained Annuity Trust III to the Reporting Person. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.
- [F3]On February 13, 2023, the Reporting Person was granted 225,882 RSUs vesting quarterly over four (4) years.