| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Class A Common Stock | Options Exercise | +929K | +524.4% | 1.11M | Feb 16, 2024 | Direct | F1 | ||
| transaction | DKNG | Class A Common Stock | Tax liability | -$10.7M | -254K | -22.99% | $42.01 | 852K | Feb 16, 2024 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DKNG | Warrant for Common Stock | Options Exercise | $0 | -929K | -100% | $0.00* | 0 | Feb 16, 2024 | Class A Common Stock | 929K | $11.50 | Direct | F2 |
| Id | Content |
|---|---|
| F1 | The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exchange of warrants for common stock for $11.50 per share on a cashless basis in a private transaction entered into between the Reporting Person and the Issuer. The Reporting Person received the net of 929,099 shares of Class A Common Stock underlying the warrants for common stock listed in Table II, and 254,354 shares of Class A Common Stock withheld by the issuer in consideration of the exercise of the warrants for common stock. |
| F2 | Each warrant to purchase Class A Common Stock is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share. |