0001104659-24-027158.txt : 20240223
0001104659-24-027158.hdr.sgml : 20240223
20240223200156
ACCESSION NUMBER: 0001104659-24-027158
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240222
FILED AS OF DATE: 20240223
DATE AS OF CHANGE: 20240223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Liberman Paul
CENTRAL INDEX KEY: 0001810204
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41379
FILM NUMBER: 24673252
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]
ORGANIZATION NAME: 07 Trade & Services
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
tm247163-2_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-02-22
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
2024-02-22
4
M
0
5318
A
721626
D
Class A Common Stock
2024-02-22
4
F
0
2572
40.84
D
719054
D
Class A Common Stock
2024-02-22
4
G
0
200000
0
D
0
I
Held by the Rachel Nager Liberman 2015 Revocable Trust
Class A Common Stock
2024-02-22
4
G
0
200000
0
A
200000
I
Held by the Rachel Nager Liberman Irrevocable Trust - 2022
Class A Common Stock
2024-02-23
4
G
0
13597
0
D
0
I
Held by the Liberman Grantor Retained Annuity Trust of 2020
Class A Common Stock
2024-02-23
4
G
0
13597
0
A
213597
I
Held by the Paul Liberman 2020 Irrevocable Trust
Class A Common Stock
2291406
I
Held by the Paul Liberman 2015 Revocable Trust
Class A Common Stock
274617
I
Held by the Paul Liberman 2020 Trust
Restricted Stock Units
2024-02-22
4
M
0
5318
0.00
D
Class A Common Stock
5318
21269
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 5,318 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,572 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.
Represents a bona fide gift of 200,000 shares of Class A Common Stock previously reported as indirectly held by the Rachel Nager Liberman 2015 Revocable Trust to the Rachel Nager Liberman Irrevocable Trust - 2022. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.
Represents a bona fide gift of 13,597 shares of Class A Common Stock previously reported as indirectly held by the Liberman Grantor Retained Annuity Trust of 2020 to the Paul Liberman 2020 Irrevocable Trust. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.
On February 22, 2021, the Reporting Person was granted 85,078 RSUs vesting quarterly over 4 years.
President, Global Technology and Product
/s/ Faisal Hasan, attorney-in-fact
2024-02-23