MURREN JAMES 4
4 · PLAYSTUDIOS, Inc. · Filed Nov 18, 2021
Insider Transaction Report
Form 4
MURREN JAMES
Director
Transactions
- Purchase
Class A Common Stock
2021-11-17$4.78/sh+20,213$96,590→ 50,000 total(indirect: By LLC) - Purchase
Class A Common Stock
2021-11-16$4.55/sh+29,787$135,573→ 29,787 total(indirect: By LLC)
Holdings
- 959,419(indirect: See footnote)
Class A Common Stock
- 1,018,782(indirect: By Trust)
Private Placement Warrants
Exercise: $11.50From: 2021-10-27Exp: 2026-06-21→ Class A Common Stock (1,018,782 underlying)
Footnotes (3)
- [F1]As a beneficiary of the JM Irrevocable Trust, a 50% member of J&H Investments LLC, the record holder of the shares.
- [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.