4//SEC Filing
Roswig Jason 4
Accession 0001979813-23-000011
CIK 0001801661other
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 12:34 PM ET
Size
9.5 KB
Accession
0001979813-23-000011
Insider Transaction Report
Form 4
Skillz Inc.SKLZ
Roswig Jason
President & CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-11-08+32,538→ 117,817 total - Sale
Restricted Stock Units
2023-11-10$5.07/sh−17,194$87,139→ 100,623 total - Exercise/Conversion
Restricted Stock Units
2023-11-08−32,538→ 357,918 total→ Restricted Stock Units (32,538 underlying)
Footnotes (6)
- [F1]The restricted stock units vested and settled in Class A common stock of the Issuer on November 8, 2023.
- [F2]Represents securities sold on the open market to satisfy tax obligations owed by the Reporting Person in connection with the vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F4]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).
- [F5]The grant of restricted stock units was previously reported as covering 650,760 shares (prior to the Reverse Stock Split, which is equal to 32,538 shares post Reverse Stock Split). Following the reported transactions, 357,918 shares remained unvested (as adjusted for the Issuer's Reverse Stock Split).
- [F6]Twenty-five percent of the restricted stock unit grant vested on August 8, 2023 and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.
Documents
Issuer
Skillz Inc.
CIK 0001801661
Entity typeother
Related Parties
1- filerCIK 0001942194
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 12:34 PM ET
- Size
- 9.5 KB