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