Accession Number: | 0001104659-21-033973 |
Date: | 2021-03-05 |
Issuer: | SKILLZ INC. (SKLZ) |
Original Submission Date: |
PARADISE ANDREW
C/O SKILLZ INC.
P.O. BOX 445
SAN FRANCISCO, CA 94104-0445
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS B COMMON STOCK | 2021-03-05 | C | 1,407,256 | a | $0.00 | 77,004,134 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EARNOUT SHARES | 0.0 | 2021-03-05 | deemed execution date | C | 1,407,256 (d) | 2025-12-16 | class b common stock 1,407,256 | $0.00 | 0 | direct |
ID | footnote |
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f1 | the shares of class b common stock of the issuer reported on this form 4 were released from escrow and distributed to the reporting person pursuant to that certain merger agreement, dated as of september 1, 2020 (the "earnout rights"). the number of shares issuable pursuant to the earnout rights was determined, and the reporting person's right to receive such shares subject to the earnout rights became fixed and irrevocable, on december 16, 2020. as a result of the transaction, the reporting person no longer holds voting control over 3,572,888 shares of class a common stock previously held in escrow. |