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4//SEC Filing

MURREN JAMES 4

Accession 0001628280-22-016909

CIK 0001823878other

Filed

Jun 9, 8:00 PM ET

Accepted

Jun 10, 6:58 PM ET

Size

11.9 KB

Accession

0001628280-22-016909

Insider Transaction Report

Form 4
Period: 2022-06-08
MURREN JAMES
Director
Transactions
  • Award

    Class A Common Stock

    2022-06-08+25,51025,510 total
Holdings
  • Private Placement Warrants

    (indirect: By Trust)
    Exercise: $11.50From: 2021-10-27Exp: 2026-06-21Class A Common Stock (1,018,782 underlying)
    1,018,782
  • Class A Common Stock

    (indirect: By Trust)
    959,419
  • Class A Common Stock

    (indirect: By LLC)
    50,000
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.

Issuer

PLAYSTUDIOS, Inc.

CIK 0001823878

Entity typeother

Related Parties

1
  • filerCIK 0001186211

Filing Metadata

Form type
4
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 6:58 PM ET
Size
11.9 KB