Filing Details
- Accession Number:
- 0001100555-22-000050
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-06-23 16:58:30
- Reporting Period:
- 2022-06-21
- Accepted Time:
- 2022-06-23 16:58:30
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1823878 | Playstudios Inc. | MYPS | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1100555 | S Andrew Pascal | 10150 Covington Cross Drive Las Vegas NV 89144 | Chairman And Ceo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2022-06-21 | 9,600 | $6.30 | 392,800 | No | 4 | P | Indirect | by Pascal Family Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | by Pascal Family Trust |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class B Common Stock | 2,913,005 | Indirect | by Pascal Family Trust |
Class B Common Stock | 9,419,827 | Indirect | by DreamStreet Holdings, LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class B Common Stock | Stock Options | $0.14 | 2012-10-04 | 2022-10-04 | 327,469 | 12,332,832 | Direct |
Class B Common Stock | Stock Options | $1.01 | 2021-04-17 | 2027-04-17 | 1,864,324 | 12,332,832 | Direct |
Class B Common Stock | Earnout Shares | $0.00 | 2026-06-21 | 416,422 | 416,422 | Indirect | |
Class B Common Stock | Earnout Shares | $0.00 | 2026-06-21 | 2,296,368 | 2,296,368 | Indirect | |
Class B Common Stock | Earnout Shares | $0.00 | 2026-06-21 | 313,322 | 313,322 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2022-10-04 | 327,469 | 12,332,832 | Direct |
2027-04-17 | 1,864,324 | 12,332,832 | Direct |
2026-06-21 | 416,422 | 416,422 | Indirect |
2026-06-21 | 2,296,368 | 2,296,368 | Indirect |
2026-06-21 | 313,322 | 313,322 | Direct |
Footnotes
- Trade made pursuant to a Rule 10b5-1 plan.
- Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A common stock, par value $0.0001 per share (the Class A Common Stock), of the Issuer. Upon transfer, each share of Class B Common Stock will convert into a share of Class A Common Stock, subject to certain limited exceptions. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to conversion rights (noted above) and voting rights. Each share of Class B Common Stock is entitled to twenty votes per share, whereas each share of Class A Common Stock is entitled to one vote per share.
- 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)