Rush Street Interactive, Inc. — Director's Dealing 2024

Nov 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Rush Street Interactive, Inc. (RSI)
CIK: 0001793659
Period of Report: 2024-11-15

Reporting Person: SCHWARTZ RICHARD TODD (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-11-15	Class A Common Stock	S	103905	$11.0205	Disposed	1703578	Direct
2024-11-15	Class V Voting Stock	G	1168014	—	Disposed	7101936	Direct
2024-11-15	Class V Voting Stock	G	1168014	—	Disposed	5933922	Direct
2024-11-15	Class V Voting Stock	G	1168014	—	Acquired	1168014	Indirect
2024-11-15	Class V Voting Stock	G	1168014	—	Acquired	1168014	Indirect
2024-11-18	Class A Common Stock	S	90000	$11.201	Disposed	1613578	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-15	Class A Common Units of Rush Street Interactive, L.P.	$	G	1168014	Disposed		Class A Common Stock (1168014)	Direct
2024-11-15	Class A Common Units of Rush Street Interactive, L.P.	$	G	1168014	Disposed		Class A Common Stock (1168014)	Direct
2024-11-15	Class A Common Units of Rush Street Interactive, L.P.	$	G	1168014	Acquired		Class A Common Stock (1168014)	Indirect
2024-11-15	Class A Common Units of Rush Street Interactive, L.P.	$	G	1168014	Acquired		Class A Common Stock (1168014)	Indirect

Footnotes

F1: Shares were sold pursuant to a 10b5-1 Plan dated August 16, 2024.

F2: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.74 to $11.39 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.

F3: Represents a bona fide gift of shares of Class V Voting Stock of the Issuer to the Reporting Person's spouse for estate planning purposes.

F4: For estate planning purposes, the Reporting Person gifted shares of Class V Voting Stock of the Issuer to an irrevocable trust for the benefit of the Reporting Person's spouse and children, of which the Reporting Person's spouse is the trustee.

F5: The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such securities are beneficially owned by the Reporting Person for Section 16 or any other purpose.

F6: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.164 to $11.3 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.

F7: 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 ("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.

F8: Represents a bona fide gift of RSI Units to the Reporting Person's spouse for estate planning purposes.

F9: For estate planning purposes, the Reporting Person gifted RSI Units to an irrevocable trust for the benefit of the Reporting Person's spouse and children, of which the Reporting Person's spouse is the trustee.