4//SEC Filing
Paradise Andrew 4
Accession 0001801661-24-000115
CIK 0001801661other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 4:13 PM ET
Size
37.4 KB
Accession
0001801661-24-000115
Insider Transaction Report
Form 4
Skillz Inc.SKLZ
Paradise Andrew
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Class A common stock
2024-09-06+72,462→ 670,294 total - Exercise/Conversion
Class A common stock
2024-09-06+72,461→ 825,757 total - Exercise/Conversion
Class A common stock
2024-09-06+72,461→ 869,704 total - Exercise/Conversion
Restricted Stock Units
2024-09-06−72,462→ 1,304,304 total→ Class A common stock (72,462 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-06−90,576→ 996,345 total→ Class A common stock (90,576 underlying) - Tax Payment
Class A common stock
2024-09-06$6.33/sh−17,645$111,693→ 707,466 total - Exercise/Conversion
Class A common stock
2024-09-06+72,461→ 779,927 total - Tax Payment
Class A common stock
2024-09-06$6.02/sh−28,514$171,654→ 841,190 total - Tax Payment
Class A common stock
2024-09-06$6.14/sh−26,631$163,514→ 753,296 total - Exercise/Conversion
Restricted Stock Units
2024-09-06−72,461→ 1,231,843 total→ Class A common stock (72,461 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-06−72,461→ 1,159,382 total→ Class A common stock (72,461 underlying) - Tax Payment
Class A common stock
2024-09-06$6.22/sh−17,645$109,752→ 652,649 total - Exercise/Conversion
Class A common stock
2024-09-06+72,462→ 725,111 total - Tax Payment
Class A common stock
2024-09-06$6.11/sh−28,514$174,221→ 797,243 total - Exercise/Conversion
Class A common stock
2024-09-06+90,576→ 931,766 total - Exercise/Conversion
Class A common stock
2024-09-10+90,576→ 986,700 total - Exercise/Conversion
Restricted Stock Units
2024-09-06−72,462→ 1,376,766 total→ Class A common stock (72,462 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-06−72,461→ 1,086,921 total→ Class A common stock (72,461 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-06−90,576→ 905,769 total→ Class A common stock (90,576 underlying) - Tax Payment
Class A common stock
2024-09-06$6.49/sh−35,642$231,317→ 896,124 total
Footnotes (5)
- [F1]The restricted stock units vested and settled in Class A common stock of the Company on September 6, 2024.
- [F2]Securities sold to cover tax obligations.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
- [F4]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 28,984,577 shares (prior to the Reverse Stock Split, which is equal to 1,449,228 shares post Reverse Stock Split). Following the reported transactions, 905,769 shares remained unvested (as adjusted for the Company's Reverse Stock Split).
- [F5]362,307 restricted stock units represents twenty-five percent of the restricted stock units granted to Mr. Paradise and the remainder will vest in substantially equal quarterly installments thereafter over the following twelve calendar quarters.
Documents
Issuer
Skillz Inc.
CIK 0001801661
Entity typeother
Related Parties
1- filerCIK 0001836621
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 4:13 PM ET
- Size
- 37.4 KB