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Filing Details

Accession Number:: 0001793659-24-000017
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-03-19 17:30:07
Reporting Period:: 2024-03-15

Accepted Time:: 2024-03-19 17:30:07
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1793659	Rush Street Interactive Inc.	RSI	Services-Miscellaneous Amusement & Recreation (7990)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1834345	Todd Richard Schwartz	C/O Rush Street Interactive, Inc. 900 N. Michigan Avenue, Suite 950 Chicago IL 60611	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2024-03-15	304,590	$0.00	2,295,256	No	4	A	Direct
Class A Common Stock	Disposition	2024-03-19	38,687	$5.83	2,256,569	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option (Right to Buy)	Acquisiton	2024-03-15	277,986	$0.00	277,986	$5.79

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
277,986		2034-03-15	No	4	A	Direct

Footnotes

On March 15, 2024, the Reporting Person was awarded 304,590 restricted stock units (the "RSUs") under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such vesting date.
Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of previously disclosed RSUs. The satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction was pursuant to a prior irrevocable election by the Reporting Person and does not represent a discretionary trade.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.76 to $5.92 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
On March 15, 2024, the Reporting Person was awarded 277,986 stock options of the Issuer (the "Options") under the Plan. The Options vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such vesting date.