12/23/2025 | Press release | Distributed by Public on 12/23/2025 17:59
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Unit | (2) | 12/19/2025 | A | 76,190 | (3) | (3) | Class A common stock | 76,190 | $ 0 | 76,190 | D | ||||
| Restricted Stock Unit | (2) | 12/22/2025 | M | 57,144 | (3) | (3) | Class A common stock | 57,144 | $ 0 | 19,046 | D | ||||
| Restricted Stock Unit | (2) | 12/22/2025 | M | 65,359 | (4) | (4) | Class A common stock | 65,359 | $ 0 | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Franceschi Gaetano C/O SKILLZ INC. 6625 BADURA AVE LAS VEGAS, NV 89118 |
Chief Financial Officer | |||
| /s/ Nikul D. Patel, Attorney-in-Fact | 12/23/2025 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | The restricted stock units settled in Class A common stock of the Company on December 22, 2025. |
| (2) | Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock |
| (3) | As of the grant date, 57,142 restricted stock units have vested. The remaining 19,048 restricted stock units will vest on January 1, 2026, subject to the grantee's continued service with the Company. |
| (4) | The restricted stock units reported on this report vested prior to December 22, 2025 but were not settled due to black out restrictions. |