Key facts
- This page summarizes Harry L. You's Form 4 filing for Rush Street Interactive, Inc. (RSI).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 28 May 2021, 21:45.
Harry L. You - 26 May 2021 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)
- Reporting relationship
- Director
- Issuer ticker
- RSI
- Reported as of
- 26 May 2021
- Net transaction value
- -$8,092,959
- SEC form
- 4
- Accepted by SEC
- 28 May 2021, 21:45:50 UTC
- Next SEC filing
- 17 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Harry L. You
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Harry L. You filed Form 4 for Rush Street Interactive, Inc. (RSI) on 28 May 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$8,092,959.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RSI
transaction
Class A common stock
Sale
- Transaction value
- $2,906,296
- Shares
- -232,500
- Change %
- -35%
- Price
- $12.50
- Shares after
- 430,904
- Date
- 26 May 2021
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
RSI
transaction
Class A common stock
Sale
- Transaction value
- $5,186,662
- Shares
- -430,904
- Change %
- -100%
- Price
- $12.04
- Shares after
- 0
- Date
- 27 May 2021
- Ownership
- See Footnote
- Footnotes
- F1, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
As previously disclosed on the Reporting Person's Form 4 filed with the U.S. Securities and Exchange Commission (the "SEC") on March 31, 2021, these shares were acquired on March 29, 2021, when the Reporting Person, exercised 3,337,500 warrants (the "Private Placement Warrants"), on a cashless basis pursuant to the Warrant Agreement, dated as of February 20, 2020, by and between the Issuer and Continental Stock Transfer & Trust Company, with each Private Placement Warrant exercisable for one share of Class A common stock per Private Placement Warrant at a price of $11.50 per share.
Footnote F2
The Class A common stock was sold by RHY 2021 Irrevocable Trust (the "Trust") in open market transactions on the transaction date, with a volume weighted average price of $12.5002. The range of the sale price on the transaction date was $12.3472 to $12.72 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Footnote F3
These shares are held directly by the Trust of which the Reporting Person is the Investment Advisor. The Reporting Person may be deemed to have beneficial ownership of the shares held directly by the Trust. The Reporting Person disclaims beneficial ownership of such shares, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose.
Footnote F4
The Class A common stock was sold by the Trust in open market transactions on the transaction date, with a weighted average price of $12.0367. The range of the sale price on the transaction date was $12.00 to $12.40 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.