Kyle Sauers - Jun 1, 2023 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Role: Chief Financial Officer
Signature: /s/ Kyle Sauers
Stock symbol: RSI
Transactions as of: Jun 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/2/2023, 06:34 PM
Previous filing: Oct 25, 2022
Next filing: Sep 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSI	Class A Common Stock	Award	$0	+160K	+51.12%	$0.00	473K	Jun 1, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RSI	Stock Option (Right to Buy)	Award	$0	+193K		$0.00	193K	Jun 1, 2023	Class A Common Stock	193K	$2.14	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 15, 2023, the Reporting Person was awarded 160,067 restricted stock units (the ?RSUs?) under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the ?Plan?), which were contingent upon the approval of additional shares being reserved under the Plan. The Issuer?s stockholders approved the reservation of additional shares under the Plan on June 1, 2023, at the Issuer?s Annual Meeting of Stockholders. 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.
F2	On March 15, 2023, the Reporting Person was awarded 193,476 stock options of the Issuer (the ?Options?) under the Plan, which were contingent upon the approval of additional shares being reserved under the Plan. The Issuer?s stockholders approved the reservation of additional shares under the Plan on June 1, 2023, at the Issuer?s Annual Meeting of Stockholders. 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.

Content

On March 15, 2023, the Reporting Person was awarded 160,067 restricted stock units (the ?RSUs?) under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the ?Plan?), which were contingent upon the approval of additional shares being reserved under the Plan. The Issuer?s stockholders approved the reservation of additional shares under the Plan on June 1, 2023, at the Issuer?s Annual Meeting of Stockholders. 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.

On March 15, 2023, the Reporting Person was awarded 193,476 stock options of the Issuer (the ?Options?) under the Plan, which were contingent upon the approval of additional shares being reserved under the Plan. The Issuer?s stockholders approved the reservation of additional shares under the Plan on June 1, 2023, at the Issuer?s Annual Meeting of Stockholders. 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.