Andrew S. Pascal - Jun 27, 2022 Form 4 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

Signature
/s/ Joel Agena, Attorney-in-Fact
Stock symbol
MYPS
Transactions as of
Jun 27, 2022
Transactions value $
$61,601
Form type
4
Date filed
6/29/2022, 09:04 PM
Previous filing
Jun 23, 2022
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYPS Class A Common Stock Purchase $61.6K +13.5K +3.44% $4.56 406K Jun 27, 2022 by Pascal Family Trust F1
holding MYPS Class B Common Stock 2.91M Jun 27, 2022 by Pascal Family Trust
holding MYPS Class B Common Stock 9.42M Jun 27, 2022 by DreamStreet Holdings, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MYPS Stock Options 12.3M Jun 27, 2022 Class B Common Stock 327K $0.14 Direct F2
holding MYPS Stock Options 12.3M Jun 27, 2022 Class B Common Stock 1.86M $1.01 Direct F2
holding MYPS Earnout Shares 416K Jun 27, 2022 Class B Common Stock 416K $0.00 by Pascal Family Trust F2, F3
holding MYPS Earnout Shares 2.3M Jun 27, 2022 Class B Common Stock 2.3M $0.00 by DreamStreet Holdings, LLC F2, F3
holding MYPS Earnout Shares 313K Jun 27, 2022 Class B Common Stock 313K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Trade made pursuant to a Rule 10b5-1 plan.
F2 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A common stock, par value $0.0001 per share (the Class A Common Stock), of the Issuer. Upon transfer, each share of Class B Common Stock will convert into a share of Class A Common Stock, subject to certain limited exceptions. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to conversion rights (noted above) and voting rights. Each share of Class B Common Stock is entitled to twenty votes per share, whereas each share of Class A Common Stock is entitled to one vote per share.
F3 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)

Remarks:

See Exhibit 24.1 - Power of Attorney