Rush Street Interactive Inc
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
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Item 5. Other Information
Securities Trading Plans of Directors and Executive Officers
During the three months ended September 30, 2024, none of our directors or executive officers adopted orterminated any contract, instruction or written plan for the purchase or sale of the Company’s securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement”, except as described in the table below:
| Name and Title | Action | Date of Action | Duration of Trading Arrangements | Rule 10b5-1 Trading Arrangement? (Y/N)1 | Aggregate Number of Securities Subject to Trading Arrangement |
|---|---|---|---|---|---|
| Richard Schwartz,Chief Executive Officer and Director2 | Adopt | August 16, 2024 | November 15, 2024 - December 31, 2025 | Y | 2,714,670 |
| Kyle Sauers, Chief Financial Officer | Adopt | August 8, 2024 | November 13, 2024 - February 27, 2026 | Y | 224,577 |
| Einar Roosileht, Chief Information Officer2 | Adopt | September 27, 2024 | January 2, 2025 - December 31, 2025 | Y | 840,000 |
| Mattias Stetz, Chief Operating Officer2 | Adopt | August 16, 2024 | November 15, 2024 - December 31, 2025 | Y | 420,000 |
| Paul Wierbicki, Chief Legal Officer, General Counsel, and Director2 | Adopt | August 9, 2024 | November 11, 2024 - November 11, 2025 | Y | 50,000 |
Each trading arrangement reported above is subject to a number of conditions, including the price at which, and the time of when, purchases or sales may occur, and it is possible that any trading arrangement may not result in the purchase or sale of any or all of the aggregate number of securities covered by such trading arrangement during the term of the trading arrangement.
1 Denotes whether the trading plan is intended, when adopted, to satisfy the affirmative defense of Rule 10b5-1 (c).
2 Messrs. Schwartz, Roosileht, Stetz and Wierbicki own shares of Class V Common Stock in addition to shares of Class A Common Stock. As of the date hereof, Messrs. Schwartz, Roosileht, Stetz and Wierbicki own 9,337,475, 2,883,261, 1,809,923 and 176,867 total shares of Class A and Class V common stock, respectively, including in-the-money vested stock options. For a more detailed description of the Company’s Class A and Class V common stock, refer to the “Corporate History, Background and Business Combination” section of Part 1- Item 1 (Business) to the Company’s Annual Report on Form 10-K, as filed with the SEC on March 7, 2024.
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