Filing Details

Accession Number:
0001793659-24-000093
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-19 18:16:21
Reporting Period:
2024-11-15
Accepted Time:
2024-11-19 18:16:21
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
1834345 Todd Richard Schwartz C/O Rush Street Interactive, Inc.
900 N. Michigan Avenue, Suite 950
Chicago IL 60611
Chief Executive Officer Yes 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 Disposition 2024-11-15 103,905 $11.02 1,703,578 No 4 S Direct
Class V Voting Stock Disposition 2024-11-15 1,168,014 $0.00 7,101,936 No 4 G Direct
Class V Voting Stock Disposition 2024-11-15 1,168,014 $0.00 5,933,922 No 4 G Direct
Class V Voting Stock Acquisiton 2024-11-15 1,168,014 $0.00 1,168,014 No 4 G Indirect By Spouse
Class V Voting Stock Acquisiton 2024-11-15 1,168,014 $0.00 1,168,014 No 4 G Indirect By Trust
Class A Common Stock Disposition 2024-11-18 90,000 $11.20 1,613,578 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 G Direct
No 4 G Direct
No 4 G Indirect By Spouse
No 4 G Indirect By Trust
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 2024-11-15 1,168,014 $0.00 1,168,014 $0.00
Class A Common Stock Class A Common Units of Rush Street Interactive, L.P. Disposition 2024-11-15 1,168,014 $0.00 1,168,014 $0.00
Class A Common Stock Class A Common Units of Rush Street Interactive, L.P. Acquisiton 2024-11-15 1,168,014 $0.00 1,168,014 $0.00
Class A Common Stock Class A Common Units of Rush Street Interactive, L.P. Acquisiton 2024-11-15 1,168,014 $0.00 1,168,014 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,101,936 No 4 G Direct
5,933,922 No 4 G Direct
1,168,014 No 4 G Indirect
1,168,014 No 4 G Indirect
Footnotes
  1. Shares were sold pursuant to a 10b5-1 Plan dated August 16, 2024.
  2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.74 to $11.39 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.
  3. Represents a bona fide gift of shares of Class V Voting Stock of the Issuer to the Reporting Person's spouse for estate planning purposes.
  4. For estate planning purposes, the Reporting Person gifted shares of Class V Voting Stock of the Issuer to an irrevocable trust for the benefit of the Reporting Person's spouse and children, of which the Reporting Person's spouse is the trustee.
  5. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such securities are beneficially owned by the Reporting Person for Section 16 or any other purpose.
  6. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.164 to $11.3 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.
  7. Pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, L.P. ("RSI LP"), beginning on June 29, 2021, the Class A Common Units of RSI LP ("RSI Units") beneficially owned by the reporting person may be exchanged, 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.
  8. Represents a bona fide gift of RSI Units to the Reporting Person's spouse for estate planning purposes.
  9. For estate planning purposes, the Reporting Person gifted RSI Units to an irrevocable trust for the benefit of the Reporting Person's spouse and children, of which the Reporting Person's spouse is the trustee.