Richard Todd Schwartz - Apr 11, 2023 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Role
Chief Executive Officer, Director
Signature
/s/ Kyle Sauers as Attorney-in-fact
Stock symbol
RSI
Transactions as of
Apr 11, 2023
Transactions value $
-$10,127
Form type
4
Date filed
4/13/2023, 07:09 PM
Previous filing
Apr 4, 2023
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSI Class A Common Stock Sale -$10.1K -3.29K -0.2% $3.08 1.65M Apr 11, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of previously disclosed restricted stock units. 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.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $3.025 to $3.11 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.
F3 The amount is adjusted to correct an administrative error in the Form 4 filed by the Reporting Person on April 4, 2023, which inadvertently overstated the amount of Class A common stock beneficially owned by 472,154 shares.