4//SEC Filing
Peterson Scott Edward 4
Accession 0001356746-25-000016
CIK 0001823878other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 6:30 PM ET
Size
20.7 KB
Accession
0001356746-25-000016
Insider Transaction Report
Form 4
Peterson Scott Edward
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2025-11-06$0.79/sh−30,000$23,700→ 521,421 total(indirect: By Trust) - Sale
Class A Common Stock
2025-11-07$0.79/sh−30,000$23,700→ 491,421 total(indirect: By Trust)
Holdings
- 551,421(indirect: By Trust)
Class A Common Stock
- 84,416(indirect: By Spouse)
Class A Common Stock
- 333,334
Restricted Stock Units
Exercise: $0.00→ Class A Common Stock (333,334 underlying) - 250,000
Performance Stock Units
Exercise: $0.00→ Class A Common Stock (250,000 underlying) - 67,974
Stock Options
Exercise: $1.01From: 2021-04-01Exp: 2027-04-01→ Class A Common Stock (67,974 underlying) - 250,001
Restricted Stock Units
Exercise: $0.00→ Class A Common Stock (250,001 underlying) - 50,518(indirect: By Trust)
Earnout Shares
Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (50,518 underlying) - 67,971
Stock Options
Exercise: $1.44From: 2023-01-01Exp: 2029-01-01→ Class A Common Stock (67,971 underlying) - 12,840
Earnout Shares
Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (12,840 underlying)
Footnotes (9)
- [F1]This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 7, 2025 providing for the sale of up to 300,428 shares of Class A Common Stock. The trading plan is scheduled to terminate on June 24, 2026.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.7452 to $0.885 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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.746 to $0.8099 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]Reflects shares owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and the inclusion of such shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose
- [F5]Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
- [F6]On March 11, 2024, the Reporting Person was granted 766,669 unvested unvested Restricted Stock Units. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date: 183,334 Restricted Stock Units vesting on May 15, 2024; 250,001 Restricted Stock Units vesting on May 15, 2025; 166,667 Restricted Stock Units vesting on May 15, 2026; and 166,667 Restricted Stock Units vesting on May 15, 2027.
- [F7]On March 7, 2025, the Reporting Person was granted 333,334 unvested Restricted Stock Units. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 83,333 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on January 15, 2026; 83,334 Restricted Stock Units vesting on January 15, 2027; and 83,333 Restricted Stock Units vesting on January 15, 2028.
- [F8]On March 7, 2025, the Reporting Person was granted 250,000 unvested Performance Stock Units. Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share of Class A Common Stock. The actual number of shares of Class A Common Stock to be issued upon vesting of such Performance Stock Units will be determined based on, and will be contingent upon, the achievement of certain pre-established performance metrics, as determined by the Compensation Committee of the Issuer's Board of Directors, for the fiscal year ending December 31, 2025.
- [F9]Payable in two equal tranches if the closing price of the Class A Common Stock exceeds $12.50 and $15.00 per share, respectively, for any 20 trading days within any 30-trading day period commencing on or after the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, to which the Issuer is a party, and ending no later than the five-year anniversary of the Closing. The Earnout Shares are also subject to potential vesting based on the price targets in connection with a sale of the Issuer.
Documents
Issuer
PLAYSTUDIOS, Inc.
CIK 0001823878
Entity typeother
Related Parties
1- filerCIK 0001356746
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 6:30 PM ET
- Size
- 20.7 KB