Barton Lance 4
4 · PLBY Group, Inc. · Filed Nov 2, 2021
Insider Transaction Report
Form 4
PLBY Group, Inc.PLBY
Barton Lance
Chief Financial Officer
Transactions
- Award
Common Stock
2021-10-29+528,187→ 696,757 total - Award
Common Stock
2021-10-29+168,570→ 168,570 total - Award
Non-qualified Stock Option (Right to Buy)
2021-10-29+148,342→ 148,342 totalExercise: $28.08Exp: 2031-10-29→ Common Stock (148,342 underlying)
Footnotes (3)
- [F1]Represents a grant of restricted stock units that vests in three equal installments on each of the first three (3) anniversaries of the vesting start date (March 1, 2021).
- [F2]Represents a grant of performance-based restricted stock units that vests in four (4) equal tranches arising upon achievement of each of the following thirty (30) day volume-weighted average prices for a share of PLBY Group, Inc. common stock: $20, $30, $40 and $50; provided each such price is achieved on or prior to the seventh anniversary of the vesting start date (March 1, 2021).
- [F3]Represents stock options that vest over three years as follows: The first one-third (1/3) of the options shall vest on the first (1st) anniversary of the vesting start date (March 1, 2021), and the remaining two-thirds (2/3) shall vest in equal monthly installments over the twenty-four (24) months following March 1, 2022.