Gregory A. Carlin - Feb 2, 2023 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Role
10%+ Owner
Signature
/s/ Gregory A. Carlin
Stock symbol
RSI
Transactions as of
Feb 2, 2023
Transactions value $
-$877,000
Form type
4
Date filed
2/6/2023, 07:31 PM
Previous filing
Nov 17, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSI Class A Common Stock Sale -$463K -100K -6.27% $4.63 1.49M Feb 2, 2023 Direct F1
transaction RSI Class A Common Stock Sale -$414K -90K -6.02% $4.60 1.4M Feb 3, 2023 Direct F2
transaction RSI Class V Common Stock Gift $0 -7.5M -47.59% $0.00 8.26M Jan 1, 2022 By Greg and Marcy Carlin Trust
transaction RSI Class V Common Stock Gift $0 -3M -36.32% $0.00 5.26M Nov 21, 2022 By Greg and Marcy Carlin Trust
transaction RSI Class V Common Stock Gift $0 -300K -5.7% $0.00 4.96M Dec 8, 2022 By Greg and Marcy Carlin Trust F5
holding RSI Class A Common Stock 575K Feb 2, 2023 By Greg and Marcy Carlin Trust F3
holding RSI Class V Common Stock 10.5M Feb 2, 2023 By Carlin G3 Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.60 to $4.765, inclusive. The reporting person undertakes to provide to Rush Street Interactive, Inc. (the "Company"), any security holder of the Company or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
F2 This is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.54 to $4.70, inclusive.
F3 These securities are held directly by the Greg and Marcy Carlin Family Trust. The Reporting Person is the trustee of this trust and may be deemed to possess voting and investment control over the securities held by such trusts.
F4 The Greg and Marcy Carlin Family Trust transferred (i) 7,500,000 shares of Class V Common Stock of the Issuer on January 1, 2022 and (ii) 3,000,000 shares of Class V Common Stock of the Issuer on November 21, 2022 to a family trust of which the Reporting Person is a trustee. The Reporting Person's immediate family members are the beneficiaries of such trust.
F5 These securities are held directly by the Greg and Marcy Carlin Family Trust. The Reporting Person is the trustee of this trust and may be deemed to possess voting and investment control over the securities held by such trusts.