Filing Details
- Accession Number:
- 0001870484-23-000005
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-14 16:56:10
- Reporting Period:
- 2023-06-12
- Accepted Time:
- 2023-06-14 16:56:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1823878 | Playstudios Inc. | MYPS | Services-Prepackaged Software (7372) | 981606155 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1870484 | Joel Agena | 10150 Covington Cross Drive Las Vegas NV 89144 | General Counsel | No | Yes | No | 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 | Disposition | 2023-06-12 | 40,000 | $4.49 | 117,179 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | $0.00 | 100,000 | 100,000 | Direct | ||
| Class A Common Stock | Stock Options | $0.90 | 2018-09-01 | 2025-09-01 | 46,609 | 46,609 | Direct |
| Class A Common Stock | Stock Options | $1.44 | 2023-01-01 | 2029-01-01 | 93,217 | 93,217 | Direct |
| Class A Common Stock | Stock Options | $1.01 | 2020-05-01 | 2027-05-01 | 93,217 | 93,217 | Direct |
| Class A Common Stock | Earnout Shares | $0.00 | 2026-06-21 | 28,040 | 28,040 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 100,000 | 100,000 | Direct | |
| 2025-09-01 | 46,609 | 46,609 | Direct |
| 2029-01-01 | 93,217 | 93,217 | Direct |
| 2027-05-01 | 93,217 | 93,217 | Direct |
| 2026-06-21 | 28,040 | 28,040 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.445 to $4.550, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
- Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
- On February 23, 2022, the Reporting Person was granted 300,000 unvested Restricted Stock Units. The Restricted Stock Units vest in three equal installments, with one-third vested on May 15, 2022, one-third vested on May 15, 2023, and one-third vesting on May 15, 2024, subject in each case to continued employment with the Company through the applicable vesting date.
- Represents the contingent right to receive shares of Class A Common Stock (the "Earnout Shares"), vesting 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 June 17, 2021 closing (the "Closing") of the business combination to which the Issuer was a party and ending no later than the five-year anniversary of the Closing. The Earnout Shares will also vest based on certain specified price targets in connection with a sale of the Issuer.
Billionaire Hedge Funds
