DraftKings Investor Day Presentation Deck
Minimal dilution expected in 2021
(Shares in thousands)
F
Total Capitalization
Common Shares Outstanding (31-Dec-20)
Vested Stock Options @ TSM(¹)
Memo: Vested Stock Options
Diluted Shares Outstanding (With Vested Stock Options @ TSM)
DEAC Private Placement Warrants (²)
Old DraftKings Private Warrants (³)
Fully Diluted Shares Outstanding (With Vested Stock Options @ TSM)
Incremental Vesting of Time Based Options - 31-Dec-20 to 31-Dec-21 (@TSM)(4)
Memo: Vesting of Time Based Options - 31-Dec-20 to 31-Dec-21
Incremental Vesting of Time Based RSUs – 31-Dec-20 to 31-Dec-21
Estimated Fully Diluted Shares Outstanding (31-Dec-21)
Note: Table does not include Class B shares, which have no economic or participating rights. Excludes any potential dilution from performance-based options and RSUS.
(1) Based on Treasury Stock Method ("TSM"); assumes DKNG share price as of 4-March-2021 and strike price of $3.11 per share.
(2) Based on TSM; assumes DKNG share price as of 4-March-2021 and strike price of $11.50 per warrant.
(3) Based on TSM; assumes DKNG share price as of 4-March-2021 and strike price of $0.03 per warrant.
(4) Based on TSM; assumes DKNG share price as of 4-March-2021 and strike price of $5.52 per share.
396,303
29,986
31,572
426,289
1,481
121
427,891
2,962
3,252
1,445
432,298
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