4//SEC Filing
Agena Joel 4
Accession 0001870484-25-000006
CIK 0001823878other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 7:47 PM ET
Size
21.3 KB
Accession
0001870484-25-000006
Insider Transaction Report
Form 4
Agena Joel
General Counsel
Transactions
- Sale
Class A Common Stock
2025-06-16$1.43/sh−20,491$29,302→ 300,201 total - Sale
Class A Common Stock
2025-06-17$1.41/sh−20,490$28,891→ 279,711 total - Sale
Class A Common Stock
2025-06-18$1.42/sh−20,490$29,096→ 259,221 total
Holdings
- 93,217
Stock Options
Exercise: $1.01From: 2020-05-01Exp: 2027-05-01→ Class A Common Stock (93,217 underlying) - 46,609
Stock Options
Exercise: $0.90From: 2018-09-01Exp: 2025-09-01→ Class A Common Stock (46,609 underlying) - 166,668
Restricted Stock Units
Exercise: $0.00→ Class A Common Stock (166,668 underlying) - 125,000
Performance Stock Units
Exercise: $0.00→ Class A Common Stock (125,000 underlying) - 28,040
Earnout Shares
Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (28,040 underlying) - 320,692
Class A Common Stock
- 93,217
Stock Options
Exercise: $1.44From: 2023-01-01Exp: 2029-01-01→ Class A Common Stock (93,217 underlying) - 125,000
Restricted Stock Units
Exercise: $0.00→ Class A Common Stock (125,000 underlying)
Footnotes (9)
- [F1]This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2025. This trading plan was previously disclosed in the Issuer's Quarterly Report on Form 10-Q filed on May 9, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.39 to $1.48 inclusive. 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 $1.39 to $1.44 inclusive. 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.40 to $1.44 inclusive. 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.
- [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 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.
- [F7]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.
- [F8]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.
- [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, by and among Acies Acquisition Corp., Catalyst Merger Sub I, Inc., Catalyst Merger Sub II, LLC, and Old PLAYSTUDIOS, and ending no later than the five-year anniversary of the Closing (the earnout consideration will also vest 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 0001870484
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 7:47 PM ET
- Size
- 21.3 KB