MURREN JAMES 4
4 · PLAYSTUDIOS, Inc. · Filed Aug 25, 2021
Insider Transaction Report
Form 4
MURREN JAMES
Director
Transactions
- Other
Class A Common Stock
2021-07-26+959,419→ 959,419 total(indirect: See footnote) - Other
Private Placement Warrants
2021-07-26+1,018,782→ 1,018,782 total(indirect: By Trust)Exercise: $11.50From: 2021-10-27Exp: 2026-06-21→ Class A Common Stock (1,018,782 underlying)
Footnotes (3)
- [F1]Issuer equity securities received in pro rata distribution by Acies Acquisition, LLC, of which the reporting person is a non-managing member.
- [F2]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.
- [F3]By The Murren Family Trust.