Christopher Riley - Oct 29, 2021 Form 4 Insider Report for PLBY Group, Inc. (PLBY)

Role: General Counsel & Secretary
Signature: /s/ Christopher Riley
Stock symbol: PLBY
Transactions as of: Oct 29, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/2/2021, 08:10 PM
Next filing: Mar 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLBY	Common Stock	Award	$0	+39.5K	+754.23%	$0.00	44.7K	Oct 29, 2021	Direct	F1
transaction	PLBY	Common Stock	Award	$0	+190K	+425.37%	$0.00	235K	Oct 29, 2021	Direct	F2

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
transaction	PLBY	Non-qualified Stock Option (Right to Buy)	Award	$0	+36.6K		$0.00	36.6K	Oct 29, 2021	Common Stock	36.6K	$28.08	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units that vests in three equal installments on each of the first three (3) anniversaries of the vesting start date (February 10, 2021).
F2	Represents a grant of performance-based restricted stock units that vests in four (4) equal tranches arising upon achievement of each of the following thirty (30) day volume-weighted average prices for a share of PLBY Group, Inc. common stock: $20, $30, $40 and $50; provided each such price is achieved on or prior to the seventh anniversary of the vesting start date (February 10, 2021).
F3	Represents stock options that vest over three years as follows: The first one-third (1/3) of the options shall vest on the first (1st) anniversary of the vesting start date (February 10, 2021), and the remaining two-thirds (2/3) shall vest in equal monthly installments over the twenty-four (24) months following February 10, 2022.