Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RSI | Class A Common Stock | Award | $0 | +89K | +16.04% | $0.00 | 644K | Jun 1, 2023 | Direct | F1, F2 |
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 | +108K | $0.00 | 108K | Jun 1, 2023 | Class A Common Stock | 108K | $2.14 | Direct | F3 |
Id | Content |
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F1 | On March 15, 2023, the Reporting Person was awarded 89,008 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 | 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 89,008 shares. |
F3 | On March 15, 2023, the Reporting Person was awarded 107,586 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. |