WIERBICKI PAUL 4
4 · Rush Street Interactive, Inc. · Filed Mar 19, 2024
Insider Transaction Report
Form 4
WIERBICKI PAUL
DirectorChief Legal Officer
Transactions
- Sale
Class A Common Stock
2024-03-19$5.83/sh−22,743$132,589→ 174,982 total - Award
Class A Common Stock
2024-03-15+38,907→ 197,725 total - Award
Stock Option (Right to Buy)
2024-03-15+35,509→ 35,509 totalExercise: $5.79Exp: 2034-03-15→ Class A Common Stock (35,509 underlying)
Footnotes (4)
- [F1]On March 15, 2024, the Reporting Person was awarded 38,907 restricted stock units (the "RSUs") under the Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan (as amended, the "Plan"). 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]Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of previously disclosed RSUs. The satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction was pursuant to a prior irrevocable election by the Reporting Person and does not represent a discretionary trade.
- [F3]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.76 to $5.92 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.
- [F4]On March 15, 2024, the Reporting Person was awarded 35,509 stock options of the Issuer (the "Options") under the Plan. 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.