Harry Sloan - Jun 13, 2024 Form 4 Insider Report for DraftKings Inc. (DKNG)

Role: Director
Signature: /s/ Faisal Hasan, attorney-in-fact
Stock symbol: DKNG
Transactions as of: Jun 13, 2024
Transactions value $: -$9,537,500
Form type: 4
Date filed: 6/14/2024, 08:01 PM
Previous filing: Jun 14, 2024
Next filing: Aug 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DKNG	Class A Common Stock	Gift	$0	-500K	-61.31%	$0.00	316K	Jun 13, 2024	Direct	F1
transaction	DKNG	Class A Common Stock	Gift	$0	+500K		$0.00	500K	Jun 13, 2024	The Harry Sloan 2024 QTIP Trust	F1
transaction	DKNG	Class A Common Stock	Sale	-$9.54M	-250K	-50%	$38.15	250K	Jun 14, 2024	The Harry Sloan 2024 QTIP Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a bona fide gift of 500,000 shares of Class A Common Stock previously reported as directly held by the Reporting Person to The Harry Sloan 2024 QTIP Trust. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.94 to $38.51, 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 2 to this Form 4.

Content

Represents a bona fide gift of 500,000 shares of Class A Common Stock previously reported as directly held by the Reporting Person to The Harry Sloan 2024 QTIP Trust. There was no purchase or sale of shares of Class A Common Stock in connection with the transfer.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.94 to $38.51, 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 2 to this Form 4.