Sec Form 4 Filing - Robins Jason @ DraftKings Inc. - 2024-03-08

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 Robins Jason 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 X __ Officer (give title below) _____ Other (specify below) See Remarks (Last) (First) (Middle) C/O DRAFTKINGS INC., 222 BERKELEY STREET, 5TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 03/08/2024 (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 03/08/2024 M 3,610 A 3,221,811 D Class A Common Stock 03/08/2024 F 986 D $ 42.14 3,220,825 D Class A Common Stock 03/08/2024 M 125 A 125 I Held by Jason Robins Revocable Trust u/d/t January 8, 2014 Class A Common Stock 03/08/2024 F 35 D $ 42.14 90 I Held by Jason Robins Revocable Trust u/d/t January 8, 2014 Class A Common Stock 03/08/2024 M 4,335 A 4,335 I Held by Robins Family Trust LLC Class A Common Stock 03/08/2024 F 1,184 D $ 42.14 3,151 I Held by Robins Family Trust LLC Class A Common Stock 83,000 I Held by the Robins Family GST Trust 2021

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 Warrant for Common Stock $ 11.5 ( 2 ) 03/08/2024 M 3,610 05/23/2020 04/23/2025 Class A Common Stock 3,610 $ 0 0 D Warrant for Common Stock $ 11.5 ( 2 ) 03/08/2024 M 125 05/23/2020 04/23/2025 Class A Common Stock 125 $ 0 0 I Held by Jason Robins Revocable Trust u/d/t January 8, 2014 Warrant for Common Stock $ 11.5 ( 2 ) 03/08/2024 M 4,335 05/23/2020 04/23/2025 Class A Common Stock 4,335 $ 0 0 I Held by Robins Family Trust LLC

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Robins Jason C/O DRAFTKINGS INC. 222 BERKELEY STREET, 5TH FLOOR BOSTON, MA02116 X See Remarks Signatures /s/ Faisal Hasan, attorney-in-fact 03/12/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The Reporting Person acquired shares of Class A Common Stock of the Issuer after the exchange of warrants for common stock for $11.50 per share on a cashless basis in a private transaction entered into between the Reporting Person and the Issuer. The Reporting Person received the net of 8,070 shares of Class A Common Stock underlying the warrants for common stock listed in Table II, and 2,205 shares of Class A Common Stock withheld by the issuer in consideration of the exercise of the warrants for common stock. ( 2 )Each warrant to purchase Class A Common Stock is exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share.

Remarks: Chief Executive Officer and Chairman of the Board. In addition, Jason Robins is the sole holder of 393,013,951 shares of Class B Common Stock of the Issuer, which are not registered securities.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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