Lance Barton - Mar 22, 2022 Form 4 Insider Report for PLBY Group, Inc. (PLBY)

Signature
/s/ Christopher Riley, as Attorney-in-Fact
Stock symbol
PLBY
Transactions as of
Mar 22, 2022
Transactions value $
-$996,746
Form type
4
Date filed
3/24/2022, 09:19 PM
Previous filing
Mar 22, 2022
Next filing
Apr 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLBY Common Stock Sale -$980K -66.6K -11.81% $14.71* 498K Mar 22, 2022 Direct F1, F2
transaction PLBY Common Stock Sale -$54.9K -3.58K -0.72% $15.33* 494K Mar 22, 2022 Direct F1, F3
transaction PLBY Common Stock Purchase $38.6K +2.65K +0.54% $14.55* 497K Mar 24, 2022 Direct
* 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 $14.22 to $15.215, 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 $15.22 to $15.54, 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.

Remarks:

The reporting person has agreed to voluntarily disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities and Exchange Commission, as amended, that resulted from the transactions reported herein.