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

Signature
/s/ Kyle Sauers
Stock symbol
RSI
Transactions as of
Jan 7, 2025
Transactions value $
$2,151,161
Form type
4/A - Amendment
Date filed
1/15/2025, 06:07 PM
Date Of Original Report
Jan 10, 2025
Previous filing
Nov 15, 2024
Next filing
Mar 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSI Class A Common Stock Award $6.91M +487K +143.74% $14.20 825K Jan 7, 2025 Direct F1, F2
transaction RSI Class A Common Stock Tax liability -$2.73M -192K -23.28% $14.20 633K Jan 7, 2025 Direct F2, F3
transaction RSI Class A Common Stock Sale -$2.03M -146K -23.06% $13.91 487K Jan 10, 2025 Direct F2, F4, F5
holding RSI Class A Common Stock 4K Jan 7, 2025 By Children
* 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 Due to an administrative error, on January 10, 2025, the Reporting Person filed a Form 4 (the "Original Filing") that miscategorized 486,718 shares of Class A common stock acquired by the Reporting Person on January 7, 2025. Due to this administrative error, the number of shares beneficially held by the Reporting Person were incorrectly reported in the Original Filing, which has been corrected in this amendment.
F3 Represents shares withheld to cover withholding taxes due upon settlement of the PSUs originally granted to the Reporting Person on September 27, 2022.
F4 Shares were sold pursuant to a 10b5-1 Plan dated August 8, 2024.
F5 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.