David Lopez - Apr 24, 2024 Form 4 Insider Report for PlayAGS, Inc. (AGS)

Signature
/s/Rob Ziems, Attorney in Fact
Stock symbol
AGS
Transactions as of
Apr 24, 2024
Transactions value $
-$342,037
Form type
4
Date filed
4/26/2024, 08:09 PM
Previous filing
Apr 17, 2024
Next filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGS Common Stock Options Exercise $2.55M +396K +70.18% $6.43 961K Apr 24, 2024 Direct F1
transaction AGS Common Stock Tax liability -$2.89M -338K -35.22% $8.54 623K Apr 24, 2024 Direct F1, 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 Employee Stock Option Options Exercise $0 -396K -100% $0.00* 0 Apr 24, 2024 Common Stock 396K $6.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Excluded from the calculation of the amount of beneficially owned securities are 846,610 unvested restricted stock units held by the Reporting Person as of transaction date.
F2 Exempt transaction pursuant to Rule 16b-3(e) - the payment of the exercise price, satisfaction of federal and state withholding tax obligations, and payment of related administrative fees were satisfied by the withholding of securities, 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 delivered by the Reporting Person to, and cancelled by, the Issuer as payment of the exercise price, satisfaction of federal and state withholding tax obligations, and payment of related administrative fees. The Reporting Person did not sell of otherwise dispose of any of the shares reported on this Form 4.
F3 All of the shares subject to this options are fully vested and exercisable as of the date hereof.