Ian J. Lee - Jun 21, 2022 Form 4 Insider Report for Skillz Inc. (SKLZ)

Role: Chief Financial Officer
Signature: /s/ Charlotte Edelman, Attorney-in-Fact
Stock symbol: SKLZ
Transactions as of: Jun 21, 2022
Transactions value $: -$188,325
Form type: 4
Date filed: 6/23/2022, 08:48 AM
Previous filing: Feb 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKLZ	Class A common stock	Options Exercise	$0	+291K	+96993.33%	$0.00	291K	Jun 21, 2022	Direct	F1
transaction	SKLZ	Class A common stock	Tax liability	-$188K	-133K	-45.66%	$1.42	158K	Jun 21, 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SKLZ	Restricted Stock Units	Options Exercise	$0	-291K	-25%	$0.00	873K	Jun 21, 2022	Class A common stock	291K		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	The restricted stock units vested and settled in Class A common stock of the Company on June 21, 2022.
F2	Securities sold to cover tax obligations.
F3	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F4	Twenty-five percent of the restricted stock unit grant vested on June 21, 2022 and the remainder will vest in substantially equal quarterly installments thereafter over the next three years.