0001104659-24-087935.txt : 20240809
0001104659-24-087935.hdr.sgml : 20240809
20240809200111
ACCESSION NUMBER: 0001104659-24-087935
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240807
FILED AS OF DATE: 20240809
DATE AS OF CHANGE: 20240809
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: 241194419
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
tm2421338-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-08-07
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
2024-08-07
4
G
0
7860
0
D
2486378
I
Held by the Paul Liberman 2015 Revocable Trust
Class A Common Stock
2024-08-09
4
M
0
28309
A
28309
D
Class A Common Stock
2024-08-09
4
F
0
13688
30.34
D
14621
D
Class A Common Stock
205962
I
Held by the Paul Liberman 2020 Trust
Class A Common Stock
213597
I
Held by the Paul Liberman 2020 Irrevocable Trust
Class A Common Stock
200000
I
Held by the Rachel Nager Liberman Irrevocable Trust - 2022
Restricted Stock Units
2024-08-09
4
M
0
28309
0.00
D
Class A Common Stock
28309
169852
D
Stock Options
0.63
2025-02-18
Class A Common Stock
74097
74097
I
Held by the Paul Liberman 2015 Revocable Trust
Stock Options
0.63
2025-02-18
Class A Common Stock
0
0
D
Stock Options
0.63
2025-08-27
Class A Common Stock
191226
191226
I
Held by the Paul Liberman 2015 Revocable Trust
Stock Options
0.63
2025-08-27
Class A Common Stock
0
0
D
Stock Options
0.63
2026-03-24
Class A Common Stock
430547
430547
I
Held by the Paul Liberman 2015 Revocable Trust
Stock Options
0.63
2026-03-24
Class A Common Stock
0
0
D
Stock Options
3.29
2028-04-18
Class A Common Stock
89159
89159
I
Held by the Paul Liberman 2015 Revocable Trust
Stock Options
3.29
2028-04-18
Class A Common Stock
0
0
D
Stock Options
4.7
2029-06-04
Class A Common Stock
629591
629591
I
Held by the Paul Liberman 2015 Revocable Trust
Stock Options
4.7
2029-06-04
Class A Common Stock
0
0
D
Stock Options
0.63
2026-03-24
Class A Common Stock
53870
53870
I
Held by the Paul Liberman 2020 Irrevocable Trust
Stock Options
3.29
2028-04-18
Class A Common Stock
184968
184968
I
Held by the Paul Liberman 2020 Irrevocable Trust
Stock Options
4.7
2029-06-04
Class A Common Stock
56359
56359
I
Held by the Paul Liberman 2020 Irrevocable Trust
Represents a bona fide gift of the Issuer's Class A Common Stock to a non-profit organization. There was no purchase or sale of Class A Common Stock in connection with the transfer.
Reflects the transfer of 777,832 shares of Class A Common Stock previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.
The reported amount reflects an adjustment to correct previous filings which overreported the Reporting Person's holdings by 1,690 shares of Class A Common Stock.
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 28,309 shares of Class A Common Stock underlying the RSUs listed in Table II, and 13,688 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.
On February 9, 2022, the Reporting Person was granted 452,940 RSUs vesting quarterly over four (4) years.
These options are vested and currently exercisable.
Reflects the transfer of 74,097 stock options previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.
Reflects the transfer of 191,226 stock options previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.
Reflects the transfer of 430,546 stock options previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.
Reflects the transfer of 15,757 stock options previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.
Reflects the transfer of 110,200 stock options previously reported as directly held by the Reporting Person to the Paul Liberman 2015 Revocable Trust, a revocable trust of which the Reporting Person is the lifetime beneficiary and sole trustee. There was no purchase or sale of shares of Class A Common Stock or stock options in connection with the transfer.
The reported amount reflects an adjustment to correct previous filings which underreported the Reporting Person's holdings by 82 stock options.
President, Global Technology and Product
/s/ Faisal Hasan, attorney-in-fact
2024-08-09