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Rush Street Interactive, Inc. — Director's Dealing 2025
Jan 16, 2025
31005_dirs_2025-01-15_f6f244c7-f88e-411b-bda4-3ffa804f1a9a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Rush Street Interactive, Inc. (RSI)
CIK: 0001793659
Period of Report: 2025-01-14
Reporting Person: WIERBICKI PAUL (Director, Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-14 | Class A Common Stock | C | 7405 | — | Acquired | 146887 | Direct |
| 2025-01-14 | Class V Voting Stock | D | 7405 | — | Disposed | 126867 | Direct |
| 2025-01-14 | Class A Common Stock | S | 7500 | $15 | Disposed | 139387 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-14 | Class A Common Units of Rush Street Interactive, L.P. | $ | C | 7405 | Disposed | Class A Common Stock (7405) | Direct |
Footnotes
F1: On January 14, 2025, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 7,405 Class A Common Stock Units ("RSI Units") for 7,405 shares of Class A Common Stock of the Issuer, together with an equivalent number of Class V Voting Stock of the Issuer held by the reporting person being canceled.
F2: The shares of Class V Voting Stock of the Issuer provide no economic rights in the Issuer to the holder thereof. However, each holder of Class V Voting Stock will be entitled to vote as a common stockholder of the Issuer, with the number of votes equal to the number of shares of Class V Voting Stock held at the time of such vote.
F3: As of the date of filing this Form 4, these securities are held by the Paul Wierbicki Declaration of Trust, dated January 31, 2012 (the "Wierbicki Trust"). The reporting person is the grantor, trustee and beneficiary of the Wierbicki Trust.
F4: Shares were sold pursuant to a 10b5-1 Plan dated August 9, 2024.
F5: Pursuant to the Amended and Restated Limited Partnership Agreement of RSI LP, beginning on June 29, 2021, the 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.