0001104659-23-115395.txt : 20231107 0001104659-23-115395.hdr.sgml : 20231107 20231107200115 ACCESSION NUMBER: 0001104659-23-115395 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231103 FILED AS OF DATE: 20231107 DATE AS OF CHANGE: 20231107 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kalish Matthew CENTRAL INDEX KEY: 0001810190 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41379 FILM NUMBER: 231385576 MAIL ADDRESS: STREET 1: 222 BERKELEY STREET STREET 2: FLOOR 5 CITY: BOSTON STATE: MA ZIP: 02116 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DraftKings Inc. CENTRAL INDEX KEY: 0001883685 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 222 BERKELEY STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: (617) 986-6744 MAIL ADDRESS: STREET 1: 222 BERKELEY STREET CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: New Duke Holdco, Inc. DATE OF NAME CHANGE: 20210917 4 1 tm2330144-1_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2023-11-03 0 0001883685 DraftKings Inc. DKNG 0001810190 Kalish Matthew C/O DRAFTKINGS INC. 222 BERKELEY STREET, 5TH FLOOR BOSTON MA 02116 1 1 0 0 See Remarks 0 Class A Common Stock 2023-11-03 4 M 0 3202 3.29 A 2823384 D Class A Common Stock 2023-11-03 4 S 0 3202 34.20 D 2820182 D Class A Common Stock 2023-11-06 4 M 0 105660 3.29 A 2925842 D Class A Common Stock 2023-11-06 4 S 0 105660 34.26 D 2820182 D Class A Common Stock 0 I Held by Matthew P. Kalish 2020 Trust Class A Common Stock 196279 I Held by Kalish Family 2020 Irrevocable Trusts Stock Option 3.29 2023-11-03 4 M 0 3202 0.00 D 2028-05-03 Class A Common Stock 3202 1239221 D Stock Option 3.29 2023-11-06 4 M 0 105660 0.00 D 2028-05-03 Class A Common Stock 105660 1133561 D The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exercise of stock options in an exercise-and-hold transaction, and paid the aggregate exercise price in cash. The reported sale was made pursuant to a pre-arranged program for selling shares of Class A Common Stock adopted on February 23, 2023 pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.20 to $34.21, 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 ranges set forth in footnotes 3 and 4 to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.20 to $34.41, inclusive. See the last sentence of footnote 3 to this Form 4. As of October 31, 2023, Chester Kalish no longer serves as Investment Advisor of the Matthew P. Kalish 2020 Trust (the "Trust") and IQ EQ Trust Company, U.S., LLC (the "Successor Investment Advisor") was appointed successor Investment Advisor of the Trust (the "Change in Investment Advisor"). Because Successor Investment Advisor now serves as Investment Advisor of the Trust, Matthew Kalish is no longer a reporting person for the shares held by the Trust. No consideration was paid in connection with the Change in Investment Advisor and, accordingly, the Trust continues to beneficially own the shares following the Change in Investment Advisor. These stock options were granted on May 3, 2018. As of the date hereof, all such remaining stock options have vested. President - DraftKings, North America /s/ Faisal Hasan, attorney-in-fact 2023-11-07