0001104659-23-117431.txt : 20231113 0001104659-23-117431.hdr.sgml : 20231113 20231113200238 ACCESSION NUMBER: 0001104659-23-117431 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231109 FILED AS OF DATE: 20231113 DATE AS OF CHANGE: 20231113 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: 231401057 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 tm2330505-5_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2023-11-09 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 2023-11-09 4 M 0 2518 4.7 A 1765267 D Class A Common Stock 2023-11-09 4 M 0 28308 A 1793575 D Class A Common Stock 2023-11-09 4 F 0 13687 34.81 D 1779888 D Class A Common Stock 2023-11-10 4 M 0 276 A 1780164 D Class A Common Stock 2023-11-10 4 F 0 108 29.57 D 1780056 D Class A Common Stock 2023-11-10 4 M 0 2818 A 1196734 I Held by the Paul Liberman 2015 Revocable Trust Class A Common Stock 2023-11-10 4 F 0 1096 29.57 D 1195638 I Held by the Paul Liberman 2015 Revocable Trust Class A Common Stock 2023-11-10 4 M 0 3698 A 276055 I Held by the Paul Liberman 2020 Trust Class A Common Stock 2023-11-10 4 F 0 1438 29.57 D 274617 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 Stock Option 4.7 2023-11-09 4 M 0 2518 0.00 D 2029-06-04 Class A Common Stock 2518 110118 D Restricted Stock Units 2023-11-09 4 M 0 28308 0.00 D Class A Common Stock 28308 254779 D Warrants for Common Stock 11.5 2023-11-10 4 M 0 276 0.00 D 2020-05-23 2025-04-23 Class A Common Stock 276 0 D Warrants for Common Stock 11.5 2023-11-10 4 M 0 2818 0.00 D 2020-05-23 2025-04-23 Class A Common Stock 2818 0 I Held by the Paul Liberman 2015 Revocable Trust Warrants for Common Stock 11.5 2023-11-10 4 M 0 3698 0.00 D 2020-05-23 2025-04-23 Class A Common Stock 3698 0 I Held by the Paul Liberman 2020 Trust The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price and the tax withholdings in cash. 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 28,308 shares of Class A Common Stock underlying the RSU listed in Table II, and 13,687 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 after the exchange of warrants for common stock for $11.50 per share on a cashless basis in a private transaction entered into between the Reporting Person and the Issuer. The Reporting Person received the net of 6,792 shares of Class A Common Stock underlying the warrants for common stock listed in Table II, and 2,642 shares of Class A Common Stock withheld by the issuer in consideration of the exercise of the warrants for common stock. These stock options were granted on June 4, 2019. As of the date hereof, all these stock options are vested and currently exercisable. On March 3, 2023, the Reporting Person's options were reported on a disaggregated basis, excluding 110,200 options from the Reporting Person's beneficial holdings on Column 9 previously reported on May 9, 2022. The number of options in Column 9 now reflects the aggregated beneficial holdings of the Reporting Person. On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years. Each warrant to purchase Class A Common Stock is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share. President, Global Technology and Product /s/ Faisal Hasan, attorney-in-fact 2023-11-13