0001104659-22-029488.txt : 20220302 0001104659-22-029488.hdr.sgml : 20220302 20220302195033 ACCESSION NUMBER: 0001104659-22-029488 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220228 FILED AS OF DATE: 20220302 DATE AS OF CHANGE: 20220302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Liberman Paul CENTRAL INDEX KEY: 0001810204 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38908 FILM NUMBER: 22706088 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 tm228023-2_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2022-02-28 0 0001772757 DraftKings Inc. DKNG 0001810204 Liberman Paul C/O DRAFTKINGS INC. 222 BERKELEY STREET, 5TH FLOOR BOSTON MA 02116 1 1 0 0 See Remarks Class A Common Stock 2022-02-28 4 A 0 500000 0 A 618414 D Class A Common Stock 2022-02-28 4 A 0 149742 0 A 768156 D Class A Common Stock 2022-03-01 4 A 0 500000 0 A 1268156 D Class A Common Stock 2022-03-01 4 A 0 149742 0 A 1417898 D Class A Common Stock 2022-03-01 4 S 0 165763 23.67 D 1252135 D Class A Common Stock 2022-03-01 4 S 0 113339 24.56 D 1138796 D Class A Common Stock 2022-03-02 4 S 0 225930 22.64 D 912866 D Class A Common Stock 2022-03-02 4 S 0 63464 23.45 D 849402 D Class A Common Stock 2022-03-02 4 S 0 1000 24.10 D 848402 D Class A Common Stock 1227494 I Held by the Paul Liberman 2015 Revocable Trust Class A Common Stock 272357 I Held by the Paul Liberman 2020 Trust Class A Common Stock 13597 I Held by the Liberman Grantor Retained Annuity Trust of 2020 Class A Common Stock 200000 I Held by the Rachel Nager Liberman 2015 Revocable Trust Class A Common Stock 200000 I Held by the Paul Liberman 2020 Irrevocable Trust 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. 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 $23.35 to $24.34, 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 footnotes 3, 4, 5, 6 and 7 to this Form 4. 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 $24.35 to $25.00, inclusive. 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 $22.06 to $23.05, inclusive. 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 $23.06 to $24.05, inclusive. 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 $24.08 to $24.11, inclusive. President, Global Technology and Product /s/ Faisal Hasan, attorney-in-fact 2022-03-02