Liberman Paul's Form 4 filing
DraftKings Inc. (DKNG) · filed Sep 17, 2021
- Accession no.
- 0001104659-21-117066
- Filed
- Sep 17, 2021
- Trade date
- Sep 16, 2021
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $5.06M. It was filed 1 day after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Liberman PaulCIK 0001810204 | Director, Officer (See Remarks) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 16, 2021 | Class A Common Stock | MOption exerciseAcquired | +32,784 | $0.63 | +$20,653.92 | 1,364,231 | Direct | |
| Sep 16, 2021 | Class A Common Stock | MOption exerciseAcquired | +52,216 | $3.82 | +$199,465.12 | 1,416,447 | Direct | |
| Sep 16, 2021 | Class A Common Stock | SSaleDisposed | −84,999 | $59.57F3 | −$5,063,390.43 | 1,331,448 | Direct | |
| Sep 16, 2021 | Class A Common Stock | SSaleDisposed | −1 | $60.18 | −$60.18 | 1,331,447 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 16, 2021 | Class A Common Stock | MOption exerciseDisposed | −32,784 | $0.00 | $0 | 53,990 | Direct | |
| Sep 16, 2021 | Class A Common Stock | MOption exerciseDisposed | −52,216 | $0.00 | $0 | 58,373 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.125 to $60.115, 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 3.
Referenced by the price of 1 transaction in Table I.
Remarks
President, Global Technology and Product