Kalish Matthew, SR, reported a transaction classified as exercise at DraftKings Inc. involving 5317.000000 shares. Reported holdings after the transaction were 4124244.000000 shares. The stored filing text includes a detected 10b5-1 reference.
Stored Form 4 columns with their raw values
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Form 4 relationship flags and nearby filing context
See Remarks
Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan, which vested upon the achievement of certain performance goals.
Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. The "sell to cover" transactions were effected…
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.57 to $46.56, inclusive. The Reporting Person has provided to the…
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.57 to $47.56, inclusive. See the last sentence of footnote 4 to t…
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.57 to $48.53, inclusive. See the last sentence of footnote 4 to t…
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.57 to $49.46, inclusive. See the last sentence of footnote 4 to t…
No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 5,317 shares…
On February 22, 2021, the Reporting Person was granted 85,078 RSUs vesting quarterly over four (4) years.
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