Performance Share means the grant of a right to receive a number of actual shares of Common Stock or share units based upon the performance of the Company during a Performance Period, as determined by the Committee.
Permitted Transferee means: (a) a member of the Participants immediate family (child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships), a trust in which these Persons have more than 50% of the beneficial interest, a foundation in which these Persons (or the Participant) control the management of assets, and any other entity in which these Persons (or the Participant) own more than 50% of the voting interests; and (b) such other transferees as may be permitted by the Committee in its sole discretion.
Person means an individual, entity or group (within the meaning of Section 13(d)(3) of the Exchange Act).
Plan means this Rush Street Interactive, Inc. 2020 Omnibus Equity Incentive Plan, as it may be amended from time to time.
Related Rights has the meaning set forth in Section 7.
Restricted Award means any Award granted pursuant to Section 8.
Restricted Period has the meaning set forth in Section 8.
Rule 16b-3 means Rule 16b-3 promulgated under the Exchange Act or any successor to Rule 16b-3, as in effect from time to time.
Securities Act means the Securities Act of 1933, as amended.
Sponsor means dMY Sponsor, LLC, a Delaware limited liability company.
Stock Appreciation Right means the right pursuant to an Award granted to an Eligible Person under Section 7 to receive, upon exercise, an amount payable in cash or shares equal to the number of shares subject to the Stock Appreciation Right that is being exercised multiplied by the excess of (a) the Fair Market Value of a share of Common Stock on the date the Award is exercised, over (b) the exercise price specified in the Stock Appreciation Right Award Agreement.
Stock for Stock Exchange has the meaning set forth in Section 6.4.
Subsidiary means any entity (other than the Company), whether domestic or foreign, in an unbroken chain of entities beginning with the Company if each of the entities other than the last entity in the unbroken chain beneficially owns, at the time of the determination, securities or interests representing at least 50% of the total combined voting power of all classes of securities or interests in one of the other entities in such chain.
Substitute Award has the meaning set forth in Section 4.5.