SEC Form 5

FORM 5		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL 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: 3235-0362 Estimated average burden hours per response: 1.0
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported.
	Form 4 Transactions Reported.

1. Name and Address of Reporting Person* Levin Woodrow (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) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 12/31/2020
	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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Class A Common Stock	11/30/2020		G(1)	229,810	D	$0.00	0	D
Class A Common Stock	11/30/2020		G(1)	114,905	A	$0.00	114,905	I	Held by Levin 2020 Irrevocable Trust
Class A Common Stock	11/30/2020		G(1)	114,905	A	$0.00	114,905	I	Held by Levin Family 2020 Irrevocable Trust

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)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	$3.29	11/30/2020		G(2)		64,018	(3)	05/03/2028	Class A Common Stock	64,018	$0.00(2)	0	D
Employee Stock Option	$3.29	11/30/2020		G(2)	32,009		(3)	05/03/2028	Class A Common Stock	32,009	$0.00(2)	32,009	I	Held by Levin 2020 Irrevocable Trust
Employee Stock Option	$3.29	11/30/2020		G(2)	32,009		(3)	05/03/2028	Class A Common Stock	32,009	$0.00(2)	32,009	I	Held by Levin Family 2020 Irrevocable Trust
Employee Stock Option	$4.7	11/30/2020		G(2)		48,856	(4)	06/04/2029	Class A Common Stock	48,856	$0.00(2)	0	D
Employee Stock Option	$4.7	11/30/2020		G(2)	24,428		(4)	06/04/2029	Class A Common Stock	24,428	$0.00(2)	24,428	I	Held by Levin 2020 Irrevocable Trust
Employee Stock Option	$4.7	11/30/2020		G(2)	24,428		(4)	06/04/2029	Class A Common Stock	24,428	$0.00(2)	24,428	I	Held by Levin Family 2020 Irrevocable Trust

Explanation of Responses:

1. Represents the bona fide gifts of the Issuer's Class A Common Stock to the Levin 2020 Irrevocable Trust and the Levin Family 2020 Irrevocable Trust, each for the benefit of the Reporting Person's immediate family. The gifts were effected through the transfer of the Issuer's Class A Common Stock to Delaware limited liability companies that were wholly-owned by the Reporting Person and the subsequent contribution of the membership interests of the limited liability companies to the Levin 2020 Irrevocable Trust and the Levin Family 2020 Irrevocable Trust. There was no purchase or sale of shares of Class A Common Stock in connection with the transfers.

2. Represents the bona fide gifts of the Issuer's stock options to the Levin 2020 Irrevocable Trust and the Levin Family 2020 Irrevocable Trust, each for the benefit of the Reporting Person's immediate family. The gifts were effected through the transfer of the Issuer's stock options to Delaware limited liability companies that were wholly-owned by the Reporting Person and the subsequent contribution of the membership interests of the limited liability companies to the Levin 2020 Irrevocable Trust and the Levin Family 2020 Irrevocable Trust. There was no purchase or sale of stock options in connection with the transfers.

3. The options are vested and currently exercisable.

4. The options were granted on June 4, 2019. 20,356 options held by Levin 2020 Irrevocable Trust are vested and currently exercisable and 20,356 options held by Levin Family 2020 Irrevocable Trust are vested and currently exercisable. The remaining 4,072 options held by Levin 2020 Irrevocable Trust and the remaining 4,072 options held by Levin Family 2020 Irrevocable Trust will each vest in equal monthly installments until June 1, 2021.

	/s/ Faisal Hasan, attorney-in-fact	01/22/2021
	** Signature of Reporting Person	Date
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