4//SEC Filing
MURREN JAMES 4
Accession 0001628280-23-023193
CIK 0001823878other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 8:27 PM ET
Size
9.0 KB
Accession
0001628280-23-023193
Insider Transaction Report
Form 4
MURREN JAMES
Director
Transactions
- Award
Class A Common Stock
2023-06-21+31,914→ 57,424 total
Holdings
- 959,419(indirect: By Trust)
Class A Common Stock
- 50,000(indirect: By LLC)
Class A Common Stock
- 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)
Footnotes (4)
- [F1]Grant of Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
- [F2]Represents shares of Class A Common Stock to be issued upon vesting and settlement of Restricted Stock Units, which will vest in four (4) equal tranches on August 15, 2023, November 15, 2023, February 15, 2024 and May 15, 2024, subject to continued service as a member of the Board of Directors of the Issuer.
- [F3]Includes shares of Class A Common Stock to be issued upon vesting and settlement of Restricted Stock Units reported on this Form 4.
- [F4]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 certain 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.
Documents
Issuer
PLAYSTUDIOS, Inc.
CIK 0001823878
Entity typeother
Related Parties
1- filerCIK 0001186211
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 8:27 PM ET
- Size
- 9.0 KB