Kimo Akiona - Sep 22, 2023 Form 4 Insider Report for PlayAGS, Inc. (AGS)

Role: CFO Chief Acctg Off and Treas
Signature: /s/Rob Ziems, Attorney in Fact
Stock symbol: AGS
Transactions as of: Sep 22, 2023
Transactions value $: -$63,924
Form type: 4
Date filed: 9/26/2023, 06:25 PM
Previous filing: Sep 21, 2023
Next filing: Jan 10, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGS	Common Stock	Options Exercise		+23.2K	+15.42%		174K	Sep 22, 2023	Direct	F1, F2
transaction	AGS	Common Stock	Tax liability	-$63.9K	-9.13K	-5.26%	$7.00	165K	Sep 22, 2023	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	AGS	Phantom Stock Units	Options Exercise		-23.2K	-7.15%		301K	Sep 22, 2023	Common Stock	23.2K		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Each share of phantom stock was the economic equivalent of one share of PlayAGS, Inc. common stock. The reporting person settled 100% of these shares of phantom stock for shares of PlayAGS, Inc. common stock.
F2	Excluded from the calculation of the amount of beneficially owned securities are 441,776 unvested restricted stock units held by the reporting person as of transaction date.
F3	The phantom stock units vest ratably in equal annual installments on each of the first four anniversaries following 9/21/2021, subject generally to the participant's continued employment through the vesting date.