0001104659-24-064831.txt : 20240523 0001104659-24-064831.hdr.sgml : 20240523 20240523200313 ACCESSION NUMBER: 0001104659-24-064831 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240521 FILED AS OF DATE: 20240523 DATE AS OF CHANGE: 20240523 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Robins Jason CENTRAL INDEX KEY: 0001810231 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41379 FILM NUMBER: 24980491 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 tm2415449-4_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-05-21 0 0001883685 DraftKings Inc. DKNG 0001810231 Robins Jason C/O DRAFTKINGS INC. 222 BERKELEY STREET, 5TH FLOOR BOSTON MA 02116 1 1 0 0 See Remarks 0 Class A Common Stock 2024-05-21 4 S 0 199500 43.59 D 2669454 D Class A Common Stock 2024-05-21 4 S 0 500 44.34 D 2668954 D Class A Common Stock 2024-05-22 4 M 0 5849 A 2674803 D Class A Common Stock 2024-05-22 4 F 0 2828 41.90 D 2671975 D Class A Common Stock 90 I Held by Jason Robins Revocable Trust u/d/t January 8, 2014 Class A Common Stock 3151 I Held by Robins Family Trust LLC Restricted Stock Units 2024-05-22 4 M 0 5849 0.00 D Class A Common Stock 5849 17547 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 5,849 shares of Class A Common Stock underlying the RSUs listed in Table II, and 2,828 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 sales were made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 23, 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 $43.30 to $44.21, 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 this footnote 3 to this Form 4. On February 22, 2021, the Reporting Person was granted 93,586 RSUs vesting quarterly over 4 years. Chief Executive Officer and Chairman of the Board. In addition, Jason Robins is the sole holder of 393,013,951 shares of Class B Common Stock of the Issuer, which are not registered securities. /s/ Faisal Hasan, attorney-in-fact 2024-05-23