4//SEC Filing
Schorr Seth 4
Accession 0001801661-24-000109
CIK 0001801661other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 1:09 PM ET
Size
400.9 KB
Accession
0001801661-24-000109
Insider Transaction Report
Form 4
Skillz Inc.SKLZ
Schorr Seth
Director
Transactions
- Exercise/Conversion
Class A common stock
2024-09-04+3,116→ 12,467 total - Exercise/Conversion
Restricted Stock Units
2024-09-04−3,116→ 6,235 total→ Class A common stock (3,116 underlying)
Footnotes (4)
- [F1]The restricted stock units vested and settled in Class A common stock of the Company on September 4, 2024.
- [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 Company 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 231,945 shares (prior to the Reverse Stock Split, which is equal to 11,597 shares post Reverse Stock Split). Following the reported transactions, 6,235 shares remained unvested (as adjusted for the Company's Reverse Stock Split).
- [F4]3,116 restricted stock units represents twenty-five percent of the restricted stock units granted to Mr. Schorr and the remainder will vest in substantially equal annual installments thereafter over the next two years.
Issuer
Skillz Inc.
CIK 0001801661
Entity typeother
Related Parties
1- filerCIK 0001944554
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 1:09 PM ET
- Size
- 400.9 KB