Agena Joel 4

Accession 0001628280-25-026340

CIK 0001823878other

View on SEC.gov Company Profile

Filed

May 15, 8:00 PM ET

Accepted

May 16, 6:04 PM ET

Size

21.6 KB

Accession

0001628280-25-026340

Insider Transaction Report

Form 4

Period: 2025-05-15

PLAYSTUDIOS, Inc.MYPS

Agena Joel

General Counsel

Transactions

Exercise/Conversion
Class A Common Stock
2025-05-15+41,667→ 267,058 total
Exercise/Conversion
Class A Common Stock
2025-05-15+125,000→ 392,058 total
Tax Payment
Class A Common Stock
2025-05-15$1.55/sh−71,366$110,617→ 320,692 total
Exercise/Conversion
Restricted Stock Units
2025-05-15−41,667→ 125,000 total
Exercise: $0.00→ Class A Common Stock (41,667 underlying)
Exercise/Conversion
Restricted Stock Units
2025-05-15−125,000→ 166,668 total
Exercise: $0.00→ Class A Common Stock (125,000 underlying)

Holdings

Class A Common Stock
225,391
Performance Stock Units
Exercise: $0.00→ Class A Common Stock (125,000 underlying)
125,000
Stock Options
Exercise: $0.90From: 2018-09-01Exp: 2025-09-01→ Class A Common Stock (46,609 underlying)
46,609
Stock Options
Exercise: $1.44From: 2023-01-01Exp: 2029-01-01→ Class A Common Stock (93,217 underlying)
93,217
Stock Options
Exercise: $1.01From: 2020-05-01Exp: 2027-05-01→ Class A Common Stock (93,217 underlying)
93,217
Earnout Shares
Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (28,040 underlying)
28,040

Footnotes (8)

[F1]Represents shares of Class A Common Stock issued upon settlement of fully vested Restricted Stock Units awarded to the Reporting Person on March 7, 2025.
[F2]Represents shares of Class A Common Stock issued upon settlement of fully vested Restricted Stock Units awarded to the Reporting Person on March 11, 2024.
[F3]Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units and does not represent an open market sale.
[F4]Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
[F5]On March 7, 2025, the Reporting Person was granted 166,667 unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. 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: 41,667 Restricted Stock Units vesting on May 15, 2025; 41,667 Restricted Stock Units vesting on January 15, 2026; 41,667 Restricted Stock Units vesting on January 15, 2027; and 41,666 Restricted Stock Units vesting on January 15, 2028.
[F6]On March 11, 2024, the Reporting Person was granted 358,335 unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. 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: 66,667 Restricted Stock Units vesting on May 15, 2024; 125,000 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on May 15, 2026; and 83,334 Restricted Stock Units vesting on May 15, 2027.
[F7]On March 7, 2025, the Reporting Person was granted 125,000 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 Company's Board of Directors, for the fiscal year ending December 31, 2025.
[F8]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

1 file

4
wk-form4_1747433090.xmlPrimary
FORM 4

Issuer

PLAYSTUDIOS, Inc.

CIK 0001823878

→

Entity typeother

Related Parties

filerCIK 0001870484

Filing Metadata

Form type: 4
Filed: May 15, 8:00 PM ET
Accepted: May 16, 6:04 PM ET
Size: 21.6 KB

View on SEC.gov