Bernhard L. Kohn III - Mar 18, 2022 Form 4/A - Amendment Insider Report for PLBY Group, Inc. (PLBY)

Signature
/s/ Christopher Riley, as Attorney-in-Fact
Stock symbol
PLBY
Transactions as of
Mar 18, 2022
Transactions value $
-$3,255,418
Form type
4/A - Amendment
Date filed
3/23/2022, 05:15 PM
Date Of Original Report
Mar 22, 2022
Previous filing
Nov 2, 2021
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLBY Common Stock Sale -$1.91M -122K -5.47% $15.64* 2.11M Mar 18, 2022 Direct F1, F2
transaction PLBY Common Stock Sale -$1.63M -113K -5.37% $14.37* 1.99M Mar 21, 2022 Direct F3
transaction PLBY Common Stock Sale -$104K -6.8K -0.34% $15.30* 1.99M Mar 21, 2022 Direct F4
transaction PLBY Common Stock Purchase $14.1K +928 $15.15* 928 Mar 22, 2022 See Footnote F5, F6
transaction PLBY Common Stock Purchase $369K +24.1K +2593.97% $15.34* 25K Mar 22, 2022 See Footnote F6, F7
holding PLBY Common Stock 50K Mar 18, 2022 See Footnote F8
holding PLBY Common Stock 18.3K Mar 18, 2022 See Footnote F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold to cover the reporting person's tax withholding obligations in connection with the settlement of performance-based restricted stock units ("PSUs") previously granted to the reporting person. Pursuant to the Issuer's current practices, PSU and restricted stock unit settlements are being completed along with shares sold solely to cover the taxes related to such transactions. The net shares retained by the reporting person in connection with the settlement of these PSUs are subject to a one-year lock-up from the date of settlement.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $15.32 to $15.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $14.02 to $15.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $15.05 to $15.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $15.14 to $15.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
F6 Represents shares of common stock held directly by Cold Springs Trust, of which Mr. Kohn is a beneficiary. Mr. Kohn disclaims beneficial ownership of the shares owned by Cold Springs Trust, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose.
F7 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $15.335 to $15.36, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
F8 Represents shares of common stock held directly by Bircoll Kohn Family Trust, for which Mr. Kohn is a trustee and a controlling person. Mr. Kohn disclaims beneficial ownership of the shares owned by Bircoll Kohn Family Trust, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose.
F9 Represents shares of common stock held directly by Woodburn Dr LP, an entity controlled by Mr. Kohn. These shares were acquired in a distribution exempt under Rule 16a-9 under the Securities Exchange Act of 1934, as amended. Mr. Kohn disclaims beneficial ownership of the shares owned by Woodburn Dr LP, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose.

Remarks:

This Form 4/A amends and restates the original Form 4 filed by the reporting person on March 22, 2022 (the "Original Form 4"). This amendment corrects and updates information relating to the purchases in Table I and includes in the Remarks Section the following sentence inadvertently excluded from the EDGAR version of the executed Original Form 4. The reporting person has agreed to voluntarily disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein.