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

Signature
/s/ Kyle Sauers as Attorney-in-fact
Stock symbol
RSI
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/2/2023, 06:36 PM
Previous filing
Apr 4, 2023
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 +89K +16.04% $0.00 644K Jun 1, 2023 Direct F1, F2

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 +108K $0.00 108K Jun 1, 2023 Class A Common Stock 108K $2.14 Direct F3
* 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 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.