4//SEC Filing
Farahi David-Jacques 4
Accession 0001593968-25-000824
CIK 0001593548other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 7:54 PM ET
Size
8.1 KB
Accession
0001593968-25-000824
Insider Transaction Report
Form 4
Farahi David-Jacques
Director
Transactions
- Disposition to Issuer
Common Stock
2025-06-30−37,967→ 0 total - Disposition to Issuer
Restricted Stock Units
2025-06-30−6,544→ 0 total
Footnotes (4)
- [F1]Reflects disposition of PlayAGS, Inc. ("Issuer") common stock, par value $0.01 per share ("Common Stock"), upon the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 8, 2024, by and among Issuer, Bingo Holdings I, LLC, a Delaware limited liability company ("Parent") and an affiliate of Brightstar Capital Partners, and Bingo Merger Sub, Inc., a Nevada corporation and a wholly owned subsidiary of Parent ("Merger Sub"), including the consummation of the merger (the "Merger") between Issuer and Merger Sub on June 30, 2025.
- [F2]At the effective time of the Merger (the "Effective Time"), each share of Common Stock that was outstanding as of immediately prior to the Effective Time was canceled and ceased to exist and was converted into the right to receive $12.50 in cash, without interest, subject to any withholding of taxes required by applicable law.
- [F3]Reflects disposition of Issuer restricted stock unit awards that vested based solely upon continued employment or service (each, a "RSU") upon the consummation of the transactions contemplated by the Merger Agreement, including the consummation of the Merger on June 30, 2025.
- [F4]At the Effective Time, each RSU that was outstanding immediately prior to the Effective Time, whether vested or unvested, was cancelled and converted into the right to receive an amount in cash, without interest, equal to (i) the total number of shares of Issuer common stock, par value $0.01 per share, underlying such RSU, multiplied by (ii) 12.50, less applicable tax withholdings.
Documents
Issuer
PlayAGS, Inc.
CIK 0001593548
Entity typeother
Related Parties
1- filerCIK 0001548756
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 7:54 PM ET
- Size
- 8.1 KB