0001104659-22-082890.txt : 20220726
0001104659-22-082890.hdr.sgml : 20220726
20220726200123
ACCESSION NUMBER: 0001104659-22-082890
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220723
FILED AS OF DATE: 20220726
DATE AS OF CHANGE: 20220726
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Park Jason
CENTRAL INDEX KEY: 0001810235
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41379
FILM NUMBER: 221108545
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
tm2221817-4_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-07-23
0
0001883685
DraftKings Inc.
DKNG
0001810235
Park Jason
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON
MA
02116
0
1
0
0
Chief Financial Officer
Class A Common Stock
2022-07-23
4
M
0
4635
A
403865
D
Class A Common Stock
2022-07-23
4
F
0
2072
13.53
D
401793
D
Class A Common Stock
29174
I
Held by Park Family 2021 Grantor Retained Annuity Trust
Class A Common Stock
100000
I
Held by Park Family 2021 Grantor Retained Annuity Trust III
Class A Common Stock
70826
I
Held by Park Family 2021 Grantor Retained Annuity Trust IV
Class A Common Stock
100000
I
Held by Park Family 2022 Grantor Retained Annuity Trust V
Restricted Stock Units
2022-07-23
4
M
0
4635
0.00
D
Class A Common Stock
4635
32444
D
No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 4,635 shares of Class A Common Stock underlying the restricted stock units listed in Table II, and 2,072 shares of Class A Common Stock withheld by the Issuer. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
On August 11, 2020, the Reporting Person was granted 74,158 restricted stock units, vesting quarterly over 4 years from April 23, 2020, with any restricted stock units scheduled to vest before September 12, 2020 vesting on September 12, 2020 and the vesting of the remaining restricted stock units occurring on October 23, 2020 and each quarter thereafter.
Reflects the transfer of 100,000 shares of Common Stock previously reported as indirectly held by the Park Family 2021 Grantor Retained Annuity Trust II to the Reporting Person and subsequently contributed to the Park Family 2022 Grantor Retained Annuity Trust V, both of which the Reporting Person serves as the Trustee and is the sole annuitant. There was no purchase or sale of shares of Common Stock in connection with the transfer. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by the Park Family 2021 Grantor Retained Annuity Trust II and the Park Family 2022 Grantor Retained Annuity Trust V except to the extent of his pecuniary interest therein.
/s/ Faisal Hasan, attorney-in-fact
2022-07-26