SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Park Jason (Last) (First) (Middle) C/O DRAFTKINGS INC. 222 BERKELEY STREET, 5TH FLOOR (Street) BOSTON MA 02116 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol DraftKings Inc. [ DKNG ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Financial Officer
	3. Date of Earliest Transaction (Month/Day/Year) 06/10/2022
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	06/10/2022		M(1)		33,664	A	$4.7	383,592	D
Class A Common Stock	06/10/2022		M(1)		15,638	A	$4.7	399,230	D
Class A Common Stock								29,174	I	Held by Park Family 2021 Grantor Retained Annuity Trust
Class A Common Stock								100,000	I	Held by Park Family 2021 GRAT II
Class A Common Stock								100,000	I	Held by Park Family 2021 Grantor Retained Annuity Trust III
Class A Common Stock								70,826	I	Held by Park Family 2021 Grantor Retained Annuity Trust IV

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Stock Option	$4.7	06/10/2022		M(1)			33,664(2)	(3)	06/04/2029	Class A Common Stock	33,664	$0.00	475,475	D
Stock Option	$4.7	06/10/2022		M(1)			15,638(2)	(4)	06/04/2029	Class A Common Stock	15,638	$0.00	0	D

Explanation of Responses:

1. These options originate from the Agreement and Plan of Merger, dated August 9, 2021, and in consummation of the relevant merger, each outstanding stock option to purchase DraftKings Inc. (now known as DraftKings Holdings Inc.) Class A Common Stock was converted into an equivalent stock option to purchase New Duke Holdco, Inc. (now known as DraftKings Inc.) Class A Common Stock.

2. Represents the acquisition of Class A Common Stock that resulted from the exercise of stock options.

3. These stock options were granted on June 4, 2019. As of the date hereof, 342,867 of such stock options have vested. The remaining stock options will vest in four (4) equal quarterly installments beginning September 4, 2022.

4. These stock options are vested and exercisable as of the date hereof.

	/s/ Faisal Hasan, attorney-in-fact	06/14/2022
	** Signature of Reporting Person	Date
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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