Joel Agena - Feb 23, 2022 Form 4 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

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

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MYPS	Restricted Stock Units	Award	$0	0	$0.00^*	0	Feb 23, 2022	Class A Common Stock	300K	$0.00	Direct	F1
holding	MYPS	Stock Options					0	Feb 23, 2022	Class A Common Stock	46.6K	$0.90	Direct
holding	MYPS	Stock Options					0	Feb 23, 2022	Class A Common Stock	93.2K	$1.44	Direct	F2
holding	MYPS	Stock Options					0	Feb 23, 2022	Class A Common Stock	93.2K	$1.01	Direct
holding	MYPS	Earnout Shares					28K	Feb 23, 2022	Class A Common Stock	28K	$0.00	Direct	F3

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

Id	Content
F1	The restricted stock units will vest in three equal annual increments (each annual installment being 33.33% of the grant) with the first annual increment vesting on May 15, 2022, subject in each case to continued employment with the Company through the applicable annual vesting date.
F2	The stock options vest in equal monthly amounts over the 48 months of service beginning on January 1, 2019.
F3	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).