Victor Gallo - Sep 20, 2022 Form 4 Insider Report for PlayAGS, Inc. (AGS)

Signature
/s/Victor Gallo
Stock symbol
AGS
Transactions as of
Sep 20, 2022
Transactions value $
-$38,750
Form type
4
Date filed
9/22/2022, 06:37 PM
Previous filing
Aug 29, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGS Common Stock Tax liability -$38.7K -5.93K -5.15% $6.54 109K Sep 20, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exempt transaction pursuant to Rule 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the vesting of restricted shares, as approved by the Issuer's board of directors in accordance with Rule 16b-3. All of the shares reported as disposed of on this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the settlement of vested restricted shares. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.