James Murren - 16 Nov 2021 Form 4 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

Role
Director
Signature
/s/ Joel Agena, Attorney-in-Fact
Issuer symbol
MYPS
Transactions as of
16 Nov 2021
Net transactions value
+$232,162
Form type
4
Filing time
18 Nov 2021, 10:37:49 UTC
Previous filing
25 Aug 2021
Next filing
10 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYPS Class A Common Stock Purchase $135,573 +29,787 $4.55 29,787 16 Nov 2021 by J and H Investments LLC F1
transaction MYPS Class A Common Stock Purchase $96,590 +20,213 +68% $4.78 50,000 17 Nov 2021 by J and H Investments LLC F1
holding MYPS Class A Common Stock 959,419 16 Nov 2021 See footnote F2, F3

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 1,018,782 16 Nov 2021 Class A Common Stock 1,018,782 $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 As a beneficiary of the JM Irrevocable Trust, a 50% member of J&H Investments LLC, the record holder of the shares.
F2 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 the 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.
F3 By The Murren Family Trust.

Remarks:

See Exhibit 24.1 - Power of Attorney