4//SEC Filing
Hoffman Henry M. 4
Accession 0001801661-23-000045
CIK 0001801661other
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 4:35 PM ET
Size
7.9 KB
Accession
0001801661-23-000045
Insider Transaction Report
Form 4
Skillz Inc.SKLZ
Hoffman Henry M.
Director
Transactions
- Exercise/Conversion
Class A common stock
2023-08-03+3,511→ 3,511 total - Exercise/Conversion
Restricted Stock Units
2023-08-03−3,511→ 10,532 total→ Class A common stock (3,511 underlying)
Footnotes (4)
- [F1]This transaction is being filed late due to an inadvertent administrative error.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
- [F3]On June 23, 2023 (the "Effective Date"), the Class A common stock of the Issuer underwent a 1-for-20 reverse stock split (the "Reverse Stock Split"). All amounts of securities listed herein have been adjusted to reflect the effect of the Reverse Stock Split (even if the listed transaction occurred before the Effective Date of the Reverse Stock Split). The grant of restricted stock units was previously reported as covering 280,878 shares (prior to the Reverse Stock Split, which is equal to 14,043 shares post Reverse Stock Split). Following the reported transactions, 10,532 shares remained unvested (as adjusted for the Company's Reverse Stock Split).
- [F4]Twenty-five percent of the restricted stock unit grant vested on August 3, 2023 and the remainder will vest in substantially equal annual installments thereafter over the next three years.
Documents
Issuer
Skillz Inc.
CIK 0001801661
Entity typeother
Related Parties
1- filerCIK 0001942705
Filing Metadata
- Form type
- 4
- Filed
- Sep 7, 8:00 PM ET
- Accepted
- Sep 8, 4:35 PM ET
- Size
- 7.9 KB