0001104659-23-025476.txt : 20230224 0001104659-23-025476.hdr.sgml : 20230224 20230224200120 ACCESSION NUMBER: 0001104659-23-025476 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230222 FILED AS OF DATE: 20230224 DATE AS OF CHANGE: 20230224 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dodge R Stanton CENTRAL INDEX KEY: 0001404430 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41379 FILM NUMBER: 23669580 MAIL ADDRESS: STREET 1: ECHOSTAR CORPORATION STREET 2: 100 INVERNESS TERRACE EAST CITY: ENGLEWOOD STATE: CO ZIP: 80112 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 tm237844-1_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2023-02-22 0 0001883685 DraftKings Inc. DKNG 0001404430 Dodge R Stanton C/O DRAFTKINGS INC. 222 BERKELEY STREET, 5TH FLOOR BOSTON MA 02116 0 1 0 0 Chief Legal Officer Class A Common Stock 2023-02-22 4 A 0 283333 0 A 657935 D Class A Common Stock 2023-02-22 4 A 0 117408 0 A 775343 D Class A Common Stock 2023-02-22 4 M 0 2446 A 777789 D Class A Common Stock 2023-02-22 4 F 0 704 19.53 D 777085 D Class A Common Stock 2023-02-23 4 S 0 177011 18.84 D 600074 D Class A Common Stock 2023-02-23 4 M 0 1503 A 601577 D Class A Common Stock 2023-02-23 4 F 0 658 19.04 D 600919 D Restricted Stock Units 2023-02-22 4 M 0 2446 0.00 D Class A Common Stock 2446 19568 D Restricted Stock Units 2023-02-23 4 M 0 1503 0.00 D Class A Common Stock 1503 3008 D Represents the vesting of the restricted stock units ("RSUs") granted pursuant to the Issuer's 2020 Incentive Award Plan (the "Plan"), which vested upon the achievement of certain performance goals. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents the vesting of the performance-based restricted stock units ("PSUs") granted pursuant to the Plan, which vested upon the achievement of certain performance criteria. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 2,446 shares of Class A Common Stock underlying the RSUs listed in the first row of Table II, and 704 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The "sell to cover" transactions were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.59 to $19.59, 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 to this Form 4. No shares of Class A Common Stock were transferred or sold upon the vesting of the RSUs other than to the Issuer to satisfy withholding taxes. The Reporting Person received the net of the 1,503 shares of Class A Common Stock underlying the RSUs listed in the second row of Table II, and 658 shares of Class A Common Stock withheld by the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. On February 22, 2021, the Reporting Person was granted 39,136 RSUs vesting quarterly over 4 years. On February 9, 2022, the Reporting Person was granted 18,118 RSUs vesting in twelve (12) equal monthly installments from April 23, 2022. /s/ Faisal Hasan, attorney-in-fact 2023-02-24