0001104659-23-025476.txt : 20230224
0001104659-23-025476.hdr.sgml : 20230224
20230224200120
ACCESSION NUMBER: 0001104659-23-025476
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230222
FILED AS OF DATE: 20230224
DATE AS OF CHANGE: 20230224
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dodge R Stanton
CENTRAL INDEX KEY: 0001404430
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41379
FILM NUMBER: 23669580
MAIL ADDRESS:
STREET 1: ECHOSTAR CORPORATION
STREET 2: 100 INVERNESS TERRACE EAST
CITY: ENGLEWOOD
STATE: CO
ZIP: 80112
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DraftKings Inc.
CENTRAL INDEX KEY: 0001883685
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
IRS NUMBER: 000000000
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 222 BERKELEY STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: (617) 986-6744
MAIL ADDRESS:
STREET 1: 222 BERKELEY STREET
CITY: BOSTON
STATE: MA
ZIP: 02116
FORMER COMPANY:
FORMER CONFORMED NAME: New Duke Holdco, Inc.
DATE OF NAME CHANGE: 20210917
4
1
tm237844-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2023-02-22
0
0001883685
DraftKings Inc.
DKNG
0001404430
Dodge R Stanton
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON
MA
02116
0
1
0
0
Chief Legal Officer
Class A Common Stock
2023-02-22
4
A
0
283333
0
A
657935
D
Class A Common Stock
2023-02-22
4
A
0
117408
0
A
775343
D
Class A Common Stock
2023-02-22
4
M
0
2446
A
777789
D
Class A Common Stock
2023-02-22
4
F
0
704
19.53
D
777085
D
Class A Common Stock
2023-02-23
4
S
0
177011
18.84
D
600074
D
Class A Common Stock
2023-02-23
4
M
0
1503
A
601577
D
Class A Common Stock
2023-02-23
4
F
0
658
19.04
D
600919
D
Restricted Stock Units
2023-02-22
4
M
0
2446
0.00
D
Class A Common Stock
2446
19568
D
Restricted Stock Units
2023-02-23
4
M
0
1503
0.00
D
Class A Common Stock
1503
3008
D
Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan (the "Plan"), which vested upon the achievement of certain performance goals. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Represents the vesting of the performance-based restricted stock units ("PSUs") granted pursuant to the Plan, which vested upon the achievement of certain performance criteria. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 2,446 shares of Class A Common Stock underlying the RSUs listed in the first row of Table II, and 704 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.59 to $19.59, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 3 to this Form 4.
No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 1,503 shares of Class A Common Stock underlying the RSUs listed in the second row of Table II, and 658 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
On February 22, 2021, the Reporting Person was granted 39,136 RSUs vesting quarterly over 4 years.
On February 9, 2022, the Reporting Person was granted 18,118 RSUs vesting in twelve (12) equal monthly installments from April 23, 2022.
/s/ Faisal Hasan, attorney-in-fact
2023-02-24