0001104659-20-117316.txt : 20201022
0001104659-20-117316.hdr.sgml : 20201022
20201022212751
ACCESSION NUMBER: 0001104659-20-117316
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201020
FILED AS OF DATE: 20201022
DATE AS OF CHANGE: 20201022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Park Jason
CENTRAL INDEX KEY: 0001810235
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38908
FILM NUMBER: 201255894
MAIL ADDRESS:
STREET 1: 222 BERKELEY STREET
STREET 2: FLOOR 5
CITY: BOSTON
STATE: MA
ZIP: 02116
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DraftKings Inc.
CENTRAL INDEX KEY: 0001772757
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
IRS NUMBER: 844052441
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 222 BERKELEY STREET
STREET 2: 5TH FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: (617) 986-6744
MAIL ADDRESS:
STREET 1: 222 BERKELEY STREET
STREET 2: 5TH FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02116
FORMER COMPANY:
FORMER CONFORMED NAME: Diamond Eagle Acquisition Corp. \ DE
DATE OF NAME CHANGE: 20190403
4
1
tm2033990d4_4.xml
OWNERSHIP DOCUMENT
X0306
4
2020-10-20
0
0001772757
DraftKings Inc.
DKNG
0001810235
Park Jason
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON
MA
02116
0
1
0
0
Chief Financial Officer
Class A Common Stock
2020-10-20
4
M
0
396332
A
434684
D
Class A Common Stock
2020-10-20
4
F
0
175774
42.53
D
258910
D
Restricted Stock Units
2020-10-20
4
M
0
396332
0.00
D
Class A Common Stock
396332
0
D
No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes as allowed by the Amended and Restated Lock-up Agreement, dated October 6, 2020, between the Reporting Person and the Underwriters (as defined therein) (the "Lock-Up Agreement"). The Reporting Person received the net of the 396,332 shares of Class A Common Stock underlying the restricted stock units and 175,774 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock, and such Reporting Person's shares of Class A Common Stock are subject to the restrictions set forth in the Lock-Up Agreement.
The Reporting Person was previously granted 396,332 restricted stock units, which vested into shares of the Issuer's Class A Common Stock based on the satisfaction of certain performance thresholds, combined with the completion of a requisite service period on October 20, 2020.
/s/ Faisal Hasan, attorney-in-fact
2020-10-22