Park Jason 4
4 · DraftKings Inc. · Filed Mar 21, 2024
Insider Transaction Report
Form 4
DraftKings Inc.DKNG
Park Jason
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-03-19−19,415→ 0 total→ Class A Common Stock (19,415 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-19+19,415→ 341,720 total - Award
Restricted Stock Units
2024-03-19+19,415→ 19,415 total→ Class A Common Stock (19,415 underlying) - Tax Payment
Class A Common Stock
2024-03-19$43.78/sh−9,388$411,007→ 332,332 total
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 19,415 shares of Class A Common Stock underlying the RSUs listed in Table II, and 9,388 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]The RSUs were granted and became fully vested on March 19, 2024.