4//SEC Filing
Wakeford Kent 4
Accession 0001801661-23-000053
CIK 0001801661other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 9:32 AM ET
Size
9.6 KB
Accession
0001801661-23-000053
Insider Transaction Report
Form 4
Skillz Inc.SKLZ
Wakeford Kent
Director
Transactions
- Exercise/Conversion
Class A common stock
2023-12-18+304→ 1,869 total - Exercise/Conversion
Restricted Stock Units
2023-12-18−304→ 304 total→ Class A common stock (304 underlying)
Holdings
- 10,000(indirect: GRAT)
Class A common stock
- 71,390(indirect: By Trust)
Class A common stock
Footnotes (6)
- [F1]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).
- [F2]This position is held by a Grantor Retained Annuity Trust, of which Mr. Wakeford is the sole beneficiary and trustee and has investment control over the shares.
- [F3]This position is held by a Trust, of which Mr. Wakeford is the sole grantor, trustee, and beneficiary.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F5]The grant of restricted stock units was previously reported as covering 24,321 shares, 12,161 of which remain unvested (prior to the Reverse Stock Split, which is equal to 608 shares post Reverse Stock Split). Following the reported transaction, 304 shares remain unvested (as adjusted for the Issuer's Reverse Stock Split).
- [F6]The restricted stock units vests in four equal installments beginning on December 16, 2021 and each year thereafter.
Documents
Issuer
Skillz Inc.
CIK 0001801661
Entity typeother
Related Parties
1- filerCIK 0001836473
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 9:32 AM ET
- Size
- 9.6 KB