James Murren - Jun 21, 2023 Form 4 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

Role
Director
Signature
/s/ Joel Agena, Attorney-in-Fact
Stock symbol
MYPS
Transactions as of
Jun 21, 2023
Transactions value $
$0
Form type
4
Date filed
6/22/2023, 08:27 PM
Previous filing
Jun 10, 2022
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYPS Class A Common Stock Award $0 +31.9K +125.1% $0.00 57.4K Jun 21, 2023 Direct F1, F2, F3
holding MYPS Class A Common Stock 959K Jun 21, 2023 by The Murren Family Trust F4
holding MYPS Class A Common Stock 50K Jun 21, 2023 by J and H Investments LLC

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
holding MYPS Private Placement Warrants 1.02M Jun 21, 2023 Class A Common Stock 1.02M $11.50 by The Murren Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
F2 Represents shares of Class A Common Stock to be issued upon vesting and settlement of Restricted Stock Units, which will vest in four (4) equal tranches on August 15, 2023, November 15, 2023, February 15, 2024 and May 15, 2024, subject to continued service as a member of the Board of Directors of the Issuer.
F3 Includes shares of Class A Common Stock to be issued upon vesting and settlement of Restricted Stock Units reported on this Form 4.
F4 Includes 238,362 shares of Class A common stock that are unvested and subject to forfeiture if certain vesting conditions are not satisfied. The 238,362 shares of Class A common stock subject to forfeiture do not have any voting rights. The 238,362 shares of Class A common stock will vest in two equal tranches if the closing price of the Class A Common Stock exceeds $12.50 and $15.00 per share, respectively, for any 20 trading days within any 30-trading day period commencing on or after October 27, 2021 and ending on June 21, 2026 (the shares will also vest based on certain price targets in connection with a sale of the Issuer). If the vesting conditions are not met on on before June 21, 2026 (subject to extension if a definitive agreement for a sale of the Issuer has been entered into prior to June 21, 2026), the shares not then-vested will be forfeited for no consideration.