4//SEC Filing
WIERBICKI PAUL 4
Accession 0001793659-24-000097
CIK 0001793659other
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 6:13 PM ET
Size
11.4 KB
Accession
0001793659-24-000097
Insider Transaction Report
Form 4
WIERBICKI PAUL
DirectorChief Legal Officer
Transactions
- Conversion
Class A Common Stock
2024-11-25+7,000→ 146,982 total - Conversion
Class A Common Units of Rush Street Interactive, L.P.
2024-11-25−7,000→ 134,272 total→ Class A Common Stock (7,000 underlying) - Disposition to Issuer
Class V Voting Stock
2024-11-25−7,000→ 134,272 total - Sale
Class A Common Stock
2024-11-25$14.00/sh−7,500$105,000→ 139,482 total
Footnotes (5)
- [F1]On November 25, 2024, the reporting person exchanged, pursuant to the Amended and Restated Limited Partnership Agreement of Rush Street Interactive, LP ("RSI LP"), 7,000 Class A Common Stock Units ("RSI Units") for 7,000 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.
Documents
Issuer
Rush Street Interactive, Inc.
CIK 0001793659
Entity typeother
Related Parties
1- filerCIK 0001834368
Filing Metadata
- Form type
- 4
- Filed
- Nov 26, 7:00 PM ET
- Accepted
- Nov 27, 6:13 PM ET
- Size
- 11.4 KB