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Rush Street Interactive, Inc. — Director's Dealing 2023
Feb 11, 2023
31005_dirs_2023-02-10_7fc219c5-c3b8-47e2-893d-be3e67c9047e.zip
Director's Dealing
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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: Rush Street Interactive, Inc. (RSI)
CIK: 0001793659
Period of Report: 2022-12-31
Reporting Person: BLUHM NEIL (Director, Executive Chairman, 10% Owner)
Reporting Person: NGB 2013 GRANDCHILDREN'S DYNASTY TRUST (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-28 | Class V Voting Stock | G | 10000 | — | Disposed | 107511780 | Indirect |
| 2022-11-11 | Class V Voting Stock | G | 100000 | — | Disposed | 107411780 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-28 | Class A Common Units of Rush Street Interactive, L.P. | $ | G | 10000 | Disposed | Class A Common Stock (10000.0) | Indirect | |
| 2022-11-11 | Class A Common Units of Rush Street Interactive, L.P. | $ | G | 100000 | Disposed | Class A Common Stock (100000.0) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class V Voting Stock | 1362663 | Indirect |
| Class V Voting Stock | 1527334 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class A Common Units of Rush Street Interactive, L.P. | $ | Class A Common Stock (1362663.0) | 1362663 | Indirect | |
| Class A Common Units of Rush Street Interactive, L.P. | $ | Class A Common Stock (1527334.0) | 1527334 | Indirect |
Footnotes
F1: Represents a bona fide charitable gift of the Issuer's Class V Voting Stock from the Reporting Person to a donor-advised fund.
F2: These securities are held by NGB 2013 Grandchildren's Dynasty Trust (the "NGB Dynasty Trust"). The Reporting Person is the grantor and trustee of NGB Dynasty Trust and exercises sole voting and investment control over the securities held thereby. The Reporting Person may be deemed to be the beneficial owner of securities held by the NGB Dynasty Trust to the extent that he or his immediate family members are beneficiaries of such trust.
F3: These securities are held by Rush Street Interactive GP, LLC (the "RSI GP"). The Reporting Person is a manager of RSI GP and exercises sole voting and investment control over, and may be deemed to have an indirect beneficial ownership with respect to, the securities held thereby.
F4: These securities are held by the NGB 2016 Revocable Trust (the "NGB Revocable Trust"). The Reporting Person is the grantor, sole trustee and sole beneficiary of the NGB Revocable Trust.
F5: Pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, L.P. ("RSI LP"), beginning on June 29, 2021, the Class A Common Units of RSI LP 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.