Mattias Stetz - Mar 15, 2024 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Role
Chief Operating Officer
Signature
/s/ Kyle Sauers as Attorney-in-fact
Stock symbol
RSI
Transactions as of
Mar 15, 2024
Transactions value $
-$79,619
Form type
4
Date filed
3/19/2024, 05:33 PM
Previous filing
Sep 29, 2023
Next filing
Mar 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSI Class A Common Stock Award $0 +68.2K +10.7% $0.00 706K Mar 15, 2024 Direct F1
transaction RSI Class A Common Stock Sale -$79.6K -13.7K -1.94% $5.83 692K Mar 19, 2024 Direct F2, F3

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 +62.3K $0.00 62.3K Mar 15, 2024 Class A Common Stock 62.3K $5.79 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 15, 2024, the Reporting Person was awarded 68,218 restricted stock units (the "RSUs") under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). 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 Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of previously disclosed RSUs. 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.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.76 to $5.92 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.
F4 On March 15, 2024, the Reporting Person was awarded 62,260 stock options of the Issuer (the "Options") under the Plan. 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.