Form 4 for RSI Rush Street Interactive, Inc.
Accepted 2024-11-27 00:00:00 ET · period of report 2024-11-25 · accession 0001793659-24-000097 · 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 | 2024-11-27 | 2024-11-25 | RSI | WIERBICKI PAUL | CLO, Dir | S - Sale | $14.00 | -7,500 | 139.5K | -5% | -$105.0K |
| D | 2024-11-27 | 2024-11-25 | RSI | WIERBICKI PAUL | CLO, Dir | D - Sale to Iss | $0.00 | -7,000 | 134.3K | -5% | $0 |
| D | 2024-11-27 | 2024-11-25 | RSI | WIERBICKI PAUL | CLO, Dir | C - Cnv Deriv | $0.00 | +7,000 | 147.0K | +5% | $0 |
| D | 2024-11-27 | 2024-11-25 | RSI | WIERBICKI PAUL | CLO, Dir | C - Cnv Deriv | $0.00 | -7,000 | 134.3K | -5% | $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 | 2024-11-25 | S | D | 7,500 | $14.00 | 139,482 | D | — | — | |
| 2 | Common | Class V Voting Stock | 2024-11-25 | D | D | 7,000 | $0.00 | 134,272 | D | — | — | (F1) 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. (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. (F3) 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. |
| 3 | Common | Class A Common Stock | 2024-11-25 | C | A | 7,000 | $0.00 | 146,982 | D | — | — | (F1) 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. |
| 4 | Derivative | Class A Common Units of Rush Street Interactive, L.P. | 2024-11-25 | C | D | 7,000 | $0.00 | 134,272 | D | — · — to — | 7,000 Class A Common Stock | (F3) 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. (F5) 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. |