0001870484-24-000008.txt : 20240517 0001870484-24-000008.hdr.sgml : 20240517 20240517181452 ACCESSION NUMBER: 0001870484-24-000008 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: Agena Joel CENTRAL INDEX KEY: 0001870484 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39652 FILM NUMBER: 24961817 MAIL ADDRESS: STREET 1: C/O PLAYSTUDIOS, INC. STREET 2: 10150 COVINGTON CROSS DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89144 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_1715984079.xml FORM 4 X0508 4 2024-05-15 0 0001823878 PLAYSTUDIOS, Inc. MYPS 0001870484 Agena Joel 10150 COVINGTON CROSS DRIVE LAS VEGAS NV 89144 0 1 0 0 General Counsel 0 Class A Common Stock 170141 D Class A Common Stock 2024-05-15 4 M 0 100000 0 A 270141 D Class A Common Stock 2024-05-15 4 M 0 66667 0 A 336808 D Class A Common Stock 2024-05-15 4 F 0 71417 2.38 D 265391 D Restricted Stock Units 0 2024-05-15 4 M 0 100000 0 D Class A Common Stock 100000 0 D Restricted Stock Units 0 2024-05-15 4 M 0 66667 0 D Class A Common Stock 66667 291668 D Performance Stock Units 0 Class A Common Stock 41666 41666 D Stock Options 0.90 2018-09-01 2025-09-01 Class A Common Stock 46609 46609 D Stock Options 1.01 2020-05-01 2027-05-01 Class A Common Stock 93217 93217 D Stock Options 1.44 2023-01-01 2029-01-01 Class A Common Stock 93217 93217 D Earnout Shares 0 2026-06-21 Class A Common Stock 28040 28040 D 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. 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. 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 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. On March 11, 2024, the Reporting Person was granted 358,335 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: 66,667 Restricted Stock Units vesting on May 15, 2024; 125,000 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on May 15, 2026; and 83,334 Restricted Stock Units vesting on May 15, 2027. 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. Joel J. Agena 2024-05-17