Form 4 for RSI Rush Street Interactive, Inc.
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001793659-24-000019 · 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 | 2024-03-19 | 2024-03-15 | RSI | STETZ MATTIAS | COO | A - Grant | $0.00 | +68.2K | 705.7K | +11% | $0 |
| D | 2024-03-19 | 2024-03-19 | RSI | STETZ MATTIAS | COO | S - Sale | $5.83 | -13.7K | 692.0K | -2% | -$79.6K |
| D | 2024-03-19 | 2024-03-15 | RSI | STETZ MATTIAS | COO | A - Grant | $0.00 | +62.3K | 62.3K | New | $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 A Common Stock | 2024-03-15 | A | A | 68,218 | $0.00 | 705,702 | D | — | — | (F1) On March 15, 2024, the Reporting Person was awarded 68,218 restricted stock units (the "RSUs") under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such vesting date. |
| 2 | Common | Class A Common Stock | 2024-03-19 | S | D | 13,657 | $5.83 | 692,045 | D | — | — | (F2) Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of previously disclosed RSUs. The satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction was pursuant to a prior irrevocable election by the Reporting Person and does not represent a discretionary trade. (F3) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.76 to $5.92 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 | Derivative | Stock Option (Right to Buy) | 2024-03-15 | A | A | 62,260 | $0.00 | 62,260 | D | $5.79 · — to 2034-03-15 | 62,260 Class A Common Stock | (F4) On March 15, 2024, the Reporting Person was awarded 62,260 stock options of the Issuer (the "Options") under the Plan. The Options vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such vesting date. |