Form 4 for RSI Rush Street Interactive, Inc.
Accepted 2021-12-10 00:00:00 ET · period of report 2021-12-10 · accession 0001793659-21-000016 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-10 | 2021-12-10 | RSI | CARLIN GREGORY A | Dir, 10% | D - Sale to Iss | — | -1.25M | 16.37M | -7% | — |
| D | 2021-12-10 | 2021-12-10 | RSI | CARLIN GREGORY A | Dir, 10% | C - Cnv Deriv | — | +1.25M | 1.28M | +4,037% | — |
| D | 2021-12-10 | 2021-12-10 | RSI | CARLIN GREGORY A | Dir, 10% | C - Cnv Deriv | $0.00 | -1.25M | 16.37M | -7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class V Voting Stock | 2021-12-10 | D | D | 1,250,000 | — | 16,373,639 | D | — | — | (F1) On December 10, 2021, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 1,250,000 Class A Common Units of RSI LP ("RSI Units") for 1,250,000 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. (F2) 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. |
| 2 | Common | Class A Common Stock | 2021-12-10 | C | A | 1,250,000 | — | 1,280,967 | D | — | — | (F1) On December 10, 2021, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 1,250,000 Class A Common Units of RSI LP ("RSI Units") for 1,250,000 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. |
| 3 | Derivative | Class A Common Units of Rush Street Interactive, L.P. | 2021-12-10 | C | D | 1,250,000 | $0.00 | 16,373,639 | D | — · — to — | 1,250,000 Class A Common Stock | (F5) Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, 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. |