Neil Bluhm - Jun 1, 2023 Form 4 Insider Report for Rush Street Interactive, Inc. (RSI)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Kyle Sauers as Attorney-in-fact
Stock symbol
RSI
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/2/2023, 06:42 PM
Previous filing
Apr 13, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSI Class A Common Stock Award $0 +38.7K +50.49% $0.00 115K Jun 1, 2023 Direct F1
transaction RSI Class A Common Stock Award $0 +129K +111.84% $0.00 244K Jun 1, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RSI Stock Option (Right to Buy) Award $0 +46.7K $0.00 46.7K Jun 1, 2023 Class A Common Stock 46.7K $2.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 15, 2023, the Reporting Person was awarded 38,660 restricted stock units (the ?RSUs?) under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the ?Plan?), which were contingent upon the approval of additional shares being reserved under the Plan. The Issuer?s stockholders approved the reservation of additional shares under the Plan on June 1, 2023, at the Issuer?s Annual Meeting of Stockholders. 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.
F2 On March 15, 2023, the Reporting Person was awarded 128,866 RSUs under the Plan, in lieu of the Reporting Person's base salary for fiscal year 2023, which were contingent upon the approval of additional shares being reserved under the Plan. The Issuer?s stockholders approved the reservation of additional shares under the Plan on June 1, 2023, at the Issuer?s Annual Meeting of Stockholders. The RSUs vest as of the Issuer's next annual meeting of stockholders to be held in calendar year 2024.
F3 On March 15, 2023, the Reporting Person was awarded 46,729 stock options of the Issuer (the ?Options?) under the Plan, which were contingent upon the approval of additional shares being reserved under the Plan. The Issuer?s stockholders approved the reservation of additional shares under the Plan on June 1, 2023, at the Issuer?s Annual Meeting of Stockholders. 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.