0001104659-23-067700.txt : 20230602
0001104659-23-067700.hdr.sgml : 20230602
20230602200624
ACCESSION NUMBER: 0001104659-23-067700
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230531
FILED AS OF DATE: 20230602
DATE AS OF CHANGE: 20230602
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: 001-41379
FILM NUMBER: 23990949
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
tm2317735-4_4seq1.xml
OWNERSHIP DOCUMENT
X0407
4
2023-05-31
0
0001883685
DraftKings Inc.
DKNG
0001810204
Liberman Paul
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON
MA
02116
1
1
0
0
See Remarks
0
Class A Common Stock
2023-05-31
4
S
0
66667
23.19
D
1327250
I
Held by the Paul Liberman 2015 Revocable Trust
Class A Common Stock
2023-06-01
4
M
0
22059
A
1738211
D
Class A Common Stock
2023-06-01
4
F
0
10666
24.43
D
1727545
D
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
Restricted Stock Units
2023-06-01
4
M
0
22059
0.00
D
Class A Common Stock
22059
330882
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 22,059 shares of Class A Common Stock underlying the RSUs listed in Table II, and 10,666 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 reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 24, 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 $22.95 to $23.45, 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 ranges set forth in this footnote 3 to this Form 4.
On February 13, 2023, the Reporting Person was granted 352,941 RSUs vesting quarterly over four (4) years.
President, Global Technology and Product
/s/ Faisal Hasan, attorney-in-fact
2023-06-02