0001104659-23-030213.txt : 20230308
0001104659-23-030213.hdr.sgml : 20230308
20230308202402
ACCESSION NUMBER: 0001104659-23-030213
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230306
FILED AS OF DATE: 20230308
DATE AS OF CHANGE: 20230308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kalish Matthew
CENTRAL INDEX KEY: 0001810190
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41379
FILM NUMBER: 23717867
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: 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
tm238995-1_4.xml
OWNERSHIP DOCUMENT
X0306
4
2023-03-06
0
0001883685
DraftKings Inc.
DKNG
0001810190
Kalish Matthew
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON
MA
02116
1
1
0
0
See Remarks
Class A Common Stock
2023-03-06
4
A
0
500000
0
A
3191705
D
Class A Common Stock
2023-03-06
4
A
0
127617
0
A
3319322
D
Class A Common Stock
2023-03-07
4
A
0
500000
0
A
3819322
D
Class A Common Stock
2023-03-07
4
A
0
127617
0
A
3946939
D
Class A Common Stock
2023-03-07
4
S
0
275025
19.42
D
3671914
D
Class A Common Stock
2023-03-08
4
S
0
281616
19.14
D
3390298
D
Class A Common Stock
257722
I
Held by Matthew P. Kalish 2020 Trust
Class A Common Stock
196279
I
Held by Kalish Family 2020 Irrevocable Trusts
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 $19.11 to $20.10, 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 and 4 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 $18.90 to $19.89, inclusive. See the last sentence of footnote 3 above.
President - DraftKings, North America
/s/ Faisal Hasan, attorney-in-fact
2023-03-08