Filing Details

Accession Number:
0001793659-24-000097
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-27 18:13:29
Reporting Period:
2024-11-25
Accepted Time:
2024-11-27 18:13:29
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
1834368 Paul Wierbicki C/O Rush Street Interactive, Inc.
900 N. Michigan Avenue, Suite 950
Chicago IL 60611
Chief Legal 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 Acquisiton 2024-11-25 7,000 $0.00 146,982 No 4 C Direct
Class V Voting Stock Disposition 2024-11-25 7,000 $0.00 134,272 No 4 D Direct
Class A Common Stock Disposition 2024-11-25 7,500 $14.00 139,482 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 2024-11-25 7,000 $0.00 7,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
134,272 No 4 C Direct
Footnotes
  1. On November 25, 2024, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 7,000 Class A Common Stock Units ("RSI Units") for 7,000 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.
  2. 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.
  3. As of the date of filing this Form 4, these securities are held by the Paul Wierbicki Declaration of Trust, dated January 31, 2012 (the "Wierbicki Trust"). The reporting person is the grantor, trustee and beneficiary of the Wierbicki Trust.
  4. Shares were sold pursuant to a 10b5-1 Plan dated August 9, 2024.
  5. 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, 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.