Peterson Scott Edward 4

Accession 0001628280-25-026338

CIK 0001823878other

View on SEC.gov Company Profile

Filed

May 15, 8:00 PM ET

Accepted

May 16, 6:04 PM ET

Size

27.5 KB

Accession

0001628280-25-026338

Insider Transaction Report

Form 4

Period: 2025-05-15

PLAYSTUDIOS, Inc.MYPS

Peterson Scott Edward

Chief Financial Officer

Transactions

Exercise/Conversion
Class A Common Stock
2025-05-15+83,333→ 83,333 total
Exercise/Conversion
Class A Common Stock
2025-05-15+250,001→ 333,334 total
Tax Payment
Class A Common Stock
2025-05-15$1.55/sh−131,168$203,310→ 202,166 total
Other
Class A Common Stock
2025-05-15−151,624→ 50,542 total
Other
Class A Common Stock
2025-05-15−50,542→ 0 total
Other
Class A Common Stock
2025-05-15+151,624→ 626,421 total(indirect: By Trust)
Other
Class A Common Stock
2025-05-15+50,542→ 84,416 total(indirect: By Spouse)
Exercise/Conversion
Restricted Stock Units
2025-05-15−83,333→ 250,001 total
Exercise: $0.00→ Class A Common Stock (83,333 underlying)
Exercise/Conversion
Restricted Stock Units
2025-05-15−250,001→ 333,334 total
Exercise: $0.00→ Class A Common Stock (250,001 underlying)

Holdings

Performance Stock Units
Exercise: $0.00→ Class A Common Stock (250,000 underlying)
250,000
Stock Options
Exercise: $1.01From: 2021-04-01Exp: 2027-04-01→ Class A Common Stock (67,974 underlying)
67,974
Stock Options
Exercise: $1.44From: 2023-01-01Exp: 2029-01-01→ Class A Common Stock (67,971 underlying)
67,971
Earnout Shares
Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (12,840 underlying)
12,840
Earnout Shares
(indirect: By Trust)
Exercise: $0.00Exp: 2026-06-21→ Class A Common Stock (50,518 underlying)
50,518

Footnotes (10)

[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.
[F10]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.
[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]Reflects the transfer of shares of Class A Common Stock to the Reporting Person's trust and, as a result of such transfer, a change in the form of ownership of such shares from Direct to Indirect.
[F5]Reflects the transfer of shares of Class A Common Stock to the Reporting Person's spouse.
[F6]Reflects shares owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and the inclusion of such shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose
[F7]On March 7, 2025, the Reporting Person was granted 333,334 unvested Restricted Stock Units. 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: 83,333 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on January 15, 2026; 83,334 Restricted Stock Units vesting on January 15, 2027; and 83,333 Restricted Stock Units vesting on January 15, 2028.
[F8]On March 11, 2024, the Reporting Person was granted 766,669 unvested unvested Restricted Stock Units. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date: 183,334 Restricted Stock Units vesting on May 15, 2024; 250,001 Restricted Stock Units vesting on May 15, 2025; 166,667 Restricted Stock Units vesting on May 15, 2026; and 166,667 Restricted Stock Units vesting on May 15, 2027.
[F9]On March 7, 2025, the Reporting Person was granted 250,000 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 Issuer's Board of Directors, for the fiscal year ending December 31, 2025.

Documents

1 file

4
wk-form4_1747433034.xmlPrimary
FORM 4

Issuer

PLAYSTUDIOS, Inc.

CIK 0001823878

→

Entity typeother

Related Parties

filerCIK 0001356746

Filing Metadata

Form type: 4
Filed: May 15, 8:00 PM ET
Accepted: May 16, 6:04 PM ET
Size: 27.5 KB

View on SEC.gov