Filing Details
- Accession Number:
- 0001793659-24-000070
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-27 20:05:38
- Reporting Period:
- 2024-08-26
- Accepted Time:
- 2024-08-27 20:05:38
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1793659 | Rush Street Interactive Inc. | RSI | Services-Miscellaneous Amusement & Recreation (7990) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1834366 | Einar Roosileht | C/O Rush Street Interactive, Inc. 900 N. Michigan Avenue, Suite 950 Chicago IL 60611 | Chief Information Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-08-26 | 150,000 | $0.00 | 959,260 | No | 4 | C | Direct | |
| Class V Voting Stock | Disposition | 2024-08-26 | 150,000 | $0.00 | 2,814,157 | No | 4 | D | Direct | |
| Class A Common Stock | Disposition | 2024-08-27 | 150,000 | $9.09 | 809,260 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | D | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class A Common Units of Rush Street Interactive, L.P. | Disposition | 2024-08-26 | 150,000 | $0.00 | 150,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,814,157 | No | 4 | C | Direct |
Footnotes
- On August 26, 2024, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 150,000 Class A Common Stock Units ("RSI Units") for 150,000 shares of Class A Common Stock of the Issuer, together with an equivalent number of Class V Voting Stock of the Issuer held by the reporting person being canceled.
- The shares of Class V Voting Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Voting Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Voting Stock held at the time of such vote.
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $9.05 to $9.135 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.
- Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, beginning on June 29, 2021, the RSI Units beneficially owned by the reporting person may be exchanged, at any time, at the election of the holder, and has no expiration date, subject to certain conditions, for one share of Class A Common Stock of the Issuer. Upon such exchange, an equivalent number of shares of Class V Voting Stock then held by the reporting person will be canceled.
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