Joel Agena - 21 Jun 2021 Form 3 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

Role: Vice President, Legal Counsel
Signature: /s/ Joel Agena
Issuer symbol: MYPS
Transactions as of: 21 Jun 2021
Net transactions value: $0
Form type: 3
Filing time: 01 Jul 2021, 16:26:08 UTC
Next filing: 02 Mar 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	MYPS	Stock Option	21 Jun 2021	Class A Common Stock	46,609	$0.9000	Direct
holding	MYPS	Stock Option	21 Jun 2021	Class A Common Stock	93,217	$1.01	Direct
holding	MYPS	Stock Option	21 Jun 2021	Class A Common Stock	93,217	$1.44	Direct	F1
holding	MYPS	Earnout Shares	21 Jun 2021	Class A Common Stock	28,040	$0.000000	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The stock options vest in equal monthly amounts over the 48 months of service beginning on January 1, 2019.
F2	Payable 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 the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, by and among Acies Acquisition Corp., Catalyst Merger Sub I, Inc., Catalyst Merger Sub II, LLC, and Old PLAYSTUDIOS, and ending no later than the five-year anniversary of the Closing (the earnout consideration will also vest based on the price targets in connection with a sale of the Issuer)

Content

The stock options vest in equal monthly amounts over the 48 months of service beginning on January 1, 2019.

Payable 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 the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, by and among Acies Acquisition Corp., Catalyst Merger Sub I, Inc., Catalyst Merger Sub II, LLC, and Old PLAYSTUDIOS, and ending no later than the five-year anniversary of the Closing (the earnout consideration will also vest based on the price targets in connection with a sale of the Issuer)