0001104659-24-013524.txt : 20240209
0001104659-24-013524.hdr.sgml : 20240209
20240209210301
ACCESSION NUMBER: 0001104659-24-013524
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240208
FILED AS OF DATE: 20240209
DATE AS OF CHANGE: 20240209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dodge R Stanton
CENTRAL INDEX KEY: 0001404430
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41379
FILM NUMBER: 24617117
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]
ORGANIZATION NAME: 07 Trade & Services
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
tm245840-5_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-02-08
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
0
Class A Common Stock
2024-02-08
4
M
0
52777
2.95
A
886340
D
Class A Common Stock
2024-02-08
4
S
0
686101
43.06
D
200239
D
Class A Common Stock
2024-02-09
4
M
0
14154
A
214393
D
Class A Common Stock
2024-02-09
4
F
0
6193
43.38
D
208200
D
Stock Option
2.95
2024-02-08
4
M
0
52777
0.00
D
2027-11-07
Class A Common Stock
52777
314807
D
Restricted Stock Units
2024-02-09
4
M
0
14154
0.00
D
Class A Common Stock
14154
113235
D
No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs") other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 14,154 shares of Class A Common Stock underlying the RSUs listed in Table II, and 6,193 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.
The Reporting Person acquired shares of Class A Common Stock of the Issuer upon the exercise of stock options and payment of the aggregate exercise price in cash.
The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 26, 2023 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.62 to $43.43, 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 4 to this Form 4.
These stock options were granted on November 7, 2017. As of the date hereof, all such remaining stock options have vested.
On February 9, 2022, the Reporting Person was granted 226,470 RSUs vesting quarterly over four (4) years.
/s/ Faisal Hasan, attorney-in-fact
2024-02-09