Kyle Sauers - Jan 7, 2025 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Role: Chief Financial Officer
Signature: /s/ Kyle Sauers
Stock symbol: RSI
Transactions as of: Jan 7, 2025
Transactions value $: $2,151,161
Form type: 4
Date filed: 1/10/2025, 06:24 PM
Previous filing: Nov 15, 2024
Next filing: Mar 18, 2025
SEC: View on sec.gov

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSI	Common Stock	Award	$6.91M	+487K	+224.01%	$14.20	704K	Jan 7, 2025	Direct	F1
transaction	RSI	Class A Common Stock	Tax liability	-$2.73M	-192K	-56.75%	$14.20	146K	Jan 7, 2025	Direct	F2
transaction	RSI	Class A Common Stock	Sale	-$2.03M	-146K	-99.7%	$13.91	433	Jan 10, 2025	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Represents the aggregate number of shares acquired by the Reporting Person upon the vesting and settlement of Performance Stock Units ("PSUs") originally granted to the Reporting Person on September 27, 2022, the vesting of which was subject to the achievement of certain performance criteria.
F2	Represents shares withheld to cover withholding taxes due upon settlement of the PSUs originally granted to the Reporting Person on September 27, 2022.
F3	Shares were sold pursuant to a 10b5-1 Plan dated August 8, 2024.
F4	The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.65 to $14.38 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.