Kyle Sauers - Apr 19, 2024 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Signature
/s/ Kyle Sauers
Stock symbol
RSI
Transactions as of
Apr 19, 2024
Transactions value $
-$97,726
Form type
4
Date filed
4/19/2024, 06:13 PM
Previous filing
Mar 19, 2024
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSI Class A Common Stock Award $0 +29.2K +5.44% $0.00 566K Apr 19, 2024 Direct F1
transaction RSI Class A Common Stock Sale -$97.7K -16K -2.82% $6.11 550K Apr 19, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate number of shares acquired by the Reporting Person upon the vesting and settlement of Performance Stock Units ("PSUs") originally granted to the Reporting Person on April 9, 2021, the vesting of which was subject to the achievement of certain performance criteria.
F2 Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of the above-mentioned PSUs and 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.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.93 to $6.46 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.