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Filing Details

Accession Number:: 0001793659-24-000101
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-10 20:29:23
Reporting Period:: 2024-12-06

Accepted Time:: 2024-12-10 20:29:23
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2024-12-06	193,905	$0.00	1,807,483	No	4	C	Direct
Class V Voting Stock	Disposition	2024-12-06	193,905	$0.00	5,740,017	No	4	D	Direct
Class A Common Stock	Disposition	2024-12-09	45,256	$13.51	1,762,227	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-10	148,649	$13.57	1,613,578	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	D	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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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	2024-12-06	193,905	$0.00	193,905	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,740,017			No	4	C	Direct

Footnotes

On December 6, 2024, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 193,905 Class A Common Stock Units ("RSI Units") for 193,905 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.
Shares were sold pursuant to a 10b5-1 Plan dated August 16, 2024.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.25 to $13.80 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.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.25 to $13.81 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, 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.