Sec Form 4 Filing - Moore Ryan R @ DraftKings Inc. - 2024-02-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Moore Ryan R
2. Issuer Name and Ticker or Trading Symbol
DraftKings Inc. [ DKNG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O DRAFTKINGS INC., 222 BERKELEY STREET, 5TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
02/13/2024
(Street)
BOSTON, MA02116
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/13/2024 M 424 A 50,826 D
Class A Common Stock 0 ( 2 ) I Held by Atlas Venture Fund VIII, L.P.
Class A Common Stock 0 ( 3 ) I Held by Accomplice Fund I, L.P.
Class A Common Stock 0 ( 4 ) I Held by Accomplice Management Holdings, LLC
Class A Common Stock 0 ( 5 ) I Held by Accomplice Fund II, L.P.
Class A Common Stock 0 ( 6 ) I Held by Accomplice Management, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 1 ) ( 7 ) 02/13/2024 A 424 ( 8 ) ( 9 ) ( 9 ) Class A Common Stock 424 $ 0 424 D
Restricted Stock Units ( 1 ) ( 7 ) 02/13/2024 M 424 ( 8 ) ( 9 ) ( 9 ) Class A Common Stock 424 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Moore Ryan R
C/O DRAFTKINGS INC.
222 BERKELEY STREET, 5TH FLOOR
BOSTON, MA02116
X
Signatures
/s/ Ryan R Moore 02/14/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )No shares of Class A Common Stock were transferred or sold upon the vesting of the restricted stock units ("RSUs").
( 2 )As of December 9, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, either Atlas Venture Associates VIII, L.P. ("Atlas Assoc VIII LP"), the sole general partner of Atlas Venture Fund VIII, L.P. ("Atlas VIII"), or Atlas Venture Associates VIII, Inc., the sole general partner of Atlas Assoc VIII LP, and Mr. Moore is therefore no longer a reporting person for shares held by Atlas VIII. No transfer of securities by Atlas VIII occurred in connection with the foregoing.
( 3 )As of December 9, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Associates I, LLC, the sole general partner of Accomplice Fund I, L.P. ("ACC I"), and Mr. Moore is therefore no longer a reporting person for shares held by ACC I. No transfer of securities by ACC I occurred in connection with the foregoing.
( 4 )As of December 15, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Management Holdings, LLC ("ACC Holdings"), and Mr. Moore is therefore no longer a reporting person for shares held by ACC Holdings. No transfer of securities by ACC Holdings occurred in connection with the foregoing.
( 5 )As of December 9, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Associates II, LLC, the sole general partner of Accomplice Fund II, L.P. ("ACC II"), and Mr. Moore is therefore no longer a reporting person for shares held by ACC II. No transfer of securities by ACC II occurred in connection with the foregoing.
( 6 )As of December 31, 2023, Ryan Moore no longer retains any voting rights in, or investment control over, Accomplice Management, LLC ("Accomplice Management"), and Mr. Moore is therefore no longer a reporting person for shares held by Accomplice Management. No transfer of securities by Accomplice Management occurred in connection with the foregoing.
( 7 )Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
( 8 )Represents RSU grant that is being issued in lieu of a quarterly cash retainer.
( 9 )The RSUs were granted and became fully vested on February 13, 2024.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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