# EDGAR Filing Document

**Accession Number:** 0001810204
**File Stem:** 0001104659-23-028622
**Filing Date:** 2023-3
**Character Count:** 7477
**Document Hash:** 2033473e8351c1913e0fe80febec1ee4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-028622.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001104659-23-028622

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230213

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Liberman Paul
- **CENTRAL INDEX KEY:** 0001810204

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41379
- **FILM NUMBER:** 23707134

**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

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Liberman Paul<br><sub>(Last) (First) (Middle)</sub><br>C/O DRAFTKINGS INC.<br>222 BERKELEY STREET, 5TH FLOOR<br><sub>(Street)</sub><br>BOSTON, MA 02116<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-13 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_See Remarks_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>DraftKings Inc. [ DKNG ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2023-03-01 |  | M |  | 7364<sup>(1)</sup> | A | $3.29 | 1675239 | D |  |
| Class A Common Stock | 2023-03-01 |  | M |  | 18786<sup>(1)</sup> | A | $4.70 | 1694025 | D |  |
| Class A Common Stock |  |  |  |  |  |  |  | 1527250 | I | Held by the Paul Liberman 2015 Revocable Trust |
| Class A Common Stock |  |  |  |  |  |  |  | 272357 | I | Held by the Paul Liberman 2020 Trust |
| Class A Common Stock |  |  |  |  |  |  |  | 13597 | I | Held by the Liberman Grantor Retained Annuity Trust of 2020 |
| Class A Common Stock |  |  |  |  |  |  |  | 200000 | I | Held by the Rachel Nager Liberman 2015 Revocable Trust |
| Class A Common Stock |  |  |  |  |  |  |  | 200000 | I | Held by the Paul Liberman 2020 Irrevocable Trust |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(2)</sup> | 2023-02-13 |  | A |  |  | 352941 | <sup>(3)</sup> | <sup>(3)</sup> | Class A Common Stock | 352941 | $0.00 | 352941 | D |  |
| Stock Option | $3.29 | 2023-03-01 |  | M |  |  | 7364<sup>(1)</sup> | <sup>(4)</sup> | 2028-04-18 | Class A Common Stock | 7364 | $0.00 | 0 | D |  |
| Stock Option | $4.70 | 2023-03-01 |  | M |  |  | 18786<sup>(1)</sup> | <sup>(5)</sup> | 2029-06-04 | Class A Common Stock | 18786 | $0.00 | 2516 | D |  |

---

### Footnotes:

(1) 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.

(2) Each restricted stock right ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

(3) On February 13, 2023, the Reporting Person was granted 352,941 RSUs vesting quarterly over four (4) years.

(4) These stock options were granted on April 18, 2018. As of the date hereof, these stock options are vested and currently exercisable.

(5) These stock options were granted on June 4, 2019. As of the date hereof, 18,786 of such remaining stock options have vested. The remaining stock options will vest on June 1, 2023.

**Remarks:**
President, Global Technology and Product

**Signature:** /s/ Faisal Hasan, attorney-in-fact  
**Date:** 2023-03-03

### Remarks:

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**