MURREN JAMES 4
4 · PLAYSTUDIOS, Inc. · Filed Jun 10, 2022
Insider Transaction Report
Form 4
MURREN JAMES
Director
Transactions
- Award
Class A Common Stock
2022-06-08+25,510→ 25,510 total
Holdings
- 1,018,782(indirect: By Trust)
Private Placement Warrants
Exercise: $11.50From: 2021-10-27Exp: 2026-06-21→ Class A Common Stock (1,018,782 underlying) - 959,419(indirect: By Trust)
Class A Common Stock
- 50,000(indirect: By LLC)
Class A Common Stock
Footnotes (3)
- [F1]Grant of restricted stock units.
- [F2]Represents shares that will be issued upon the vesting of a grant of restricted stock units, which vests in 12 equal monthly increments commencing one month after the grant date, subject to continued service as a member of the board of directors of the Company.
- [F3]Includes 238,362 shares of Class A common stock that are unvested and subject to forfeiture if certain vesting conditions are not satisfied. The 238,362 shares of Class A common stock subject to forfeiture do not have any voting rights. The 238,362 shares of Class A common stock will vest 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 October 27, 2021 and ending on June 21, 2026 (the shares will also vest based on the price targets in connection with a sale of the Issuer). If the vesting conditions are not met on on before June 21, 2026 (subject to extension if a definitive agreement for a sale of the Issuer has been entered into prior to June 21, 2026), the shares not then-vested will be forfeited for no consideration.