0001356746-24-000005.txt : 20240517
0001356746-24-000005.hdr.sgml : 20240517
20240517174828
ACCESSION NUMBER: 0001356746-24-000005
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240515
FILED AS OF DATE: 20240517
DATE AS OF CHANGE: 20240517
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Peterson Scott Edward
CENTRAL INDEX KEY: 0001356746
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39652
FILM NUMBER: 24961648
MAIL ADDRESS:
STREET 1: C/O PLAYSTUDIOS, INC.
STREET 2: 10150 COVINGTON CROSS DRIVE
CITY: LAS VEGAS
STATE: NV
ZIP: 89144
FORMER NAME:
FORMER CONFORMED NAME: Peterson Scott
DATE OF NAME CHANGE: 20060320
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PLAYSTUDIOS, Inc.
CENTRAL INDEX KEY: 0001823878
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 981606155
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 10150 COVINGTON CROSS DRIVE
CITY: LAS VEGAS
STATE: NV
ZIP: 89144
BUSINESS PHONE: 725-877-7000
MAIL ADDRESS:
STREET 1: 10150 COVINGTON CROSS DRIVE
CITY: LAS VEGAS
STATE: NV
ZIP: 89144
FORMER COMPANY:
FORMER CONFORMED NAME: Acies Acquisition Corp.
DATE OF NAME CHANGE: 20200908
4
1
wk-form4_1715982485.xml
FORM 4
X0508
4
2024-05-15
0
0001823878
PLAYSTUDIOS, Inc.
MYPS
0001356746
Peterson Scott Edward
10150 COVINGTON CROSS DRIVE
LAS VEGAS
NV
89144
0
1
0
0
Chief Financial Officer
0
Class A Common Stock
459629
I
by Scott E Peterson Trust
Class A Common Stock
6076
I
By Spouse
Class A Common Stock
2024-05-15
4
M
0
150000
0
A
150000
D
Class A Common Stock
2024-05-15
4
M
0
183334
0
A
333334
D
Class A Common Stock
2024-05-15
4
J
0
27798
0
D
305536
D
Class A Common Stock
2024-05-15
4
F
0
131167
2.38
D
174369
D
Class A Common Stock
2024-05-15
4
J
0
174369
0
D
0
D
Class A Common Stock
2024-05-15
4
J
0
174369
0
A
633998
I
by Scott E Peterson Trust
Class A Common Stock
2024-05-15
4
J
0
27798
0
A
33874
I
By Spouse
Restricted Stock Units
0
2024-05-15
4
M
0
183334
0
D
Class A Common Stock
183334
583335
D
Restricted Stock Units
0
2024-05-15
4
M
0
150000
0
D
Class A Common Stock
150000
0
D
Performance Stock Units
0
Class A Common Stock
83333
83333
D
Stock Options
1.01
2021-04-01
2027-04-01
Class A Common Stock
67974
67974
D
Stock Options
1.44
2023-01-01
2029-01-01
Class A Common Stock
67971
67971
D
Earnout Shares
0
2026-06-21
Class A Common Stock
12840
12840
D
Earnout Shares
0
2026-06-21
Class A Common Stock
50518
50518
I
by Scott E Peterson Trust
Reflects shares owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and the inclusion of such shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose
Represents shares of Class A common stock, $0.0001 par value per share ("Class A Common Stock"), issued upon settlement of fully vested Restricted Stock Units awarded to the Reporting Person on February 23, 2022.
Represents shares of Class A Common Stock issued upon settlement of fully vested Restricted Stock Units awarded to the Reporting Person on March 11, 2024.
Reflects the transfer of shares of Class A Common Stock to the Reporting Person's spouse.
Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units and does not represent an open market sale.
Reflects the transfer of shares of Class A Common Stock to the Reporting Person's trust and, as a result of such transfer, a change in the form of ownership of such shares from Direct to Indirect.
Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
On March 11, 2024, the Reporting Person was granted 766,669 unvested unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 183,334 Restricted Stock Units vesting on May 15, 2024; 250,001 Restricted Stock Units vesting on May 15, 2025; 166,667 Restricted Stock Units vesting on May 15, 2026; and 166,667 Restricted Stock Units vesting on May 15, 2027.
On February 23, 2022, the Reporting Person was granted 450,000 unvested Restricted Stock Units. The Restricted Stock Units vest in three equal installments, with one-third vesting on May 15, 2022, one-third vesting 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.
Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share of Class A Common Stock. The actual number of shares of Class A Common Stock to be issued upon vesting of such Performance Stock Units will be determined based on, and will be contingent upon, the achievement of certain pre-established performance metrics, as determined by the Compensation Committee of the Company's Board of Directors, for the fiscal year ending December 31, 2024.
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, to which the Issuer is a party, and ending no later than the five-year anniversary of the Closing. The Earnout Shares are also subject to potential vesting based on the price targets in connection with a sale of the Issuer.
/s/ Joel Agena, Attorney-in-Fact
2024-05-17