Andrew S. Pascal - Mar 7, 2025 Form 4 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

Signature
/s/ Joel Agena, Attorney-in-Fact
Stock symbol
MYPS
Transactions as of
Mar 7, 2025
Transactions value $
$0
Form type
4
Date filed
3/11/2025, 06:23 PM
Previous filing
Feb 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MYPS Class A Common Stock 352K Mar 7, 2025 Direct
holding MYPS Class A Common Stock 406K Mar 7, 2025 by Pascal Family Trust
holding MYPS Class B Common Stock 2.91M Mar 7, 2025 by Pascal Family Trust F1
holding MYPS Class B Common Stock 9.75M Mar 7, 2025 by DreamStreet Holdings, LLC F1
holding MYPS Class A Common Stock 226K Mar 7, 2025 by DreamStreet Holdings, LLC

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MYPS Restricted Stock Units Award $0 +1M $0.00 1M Mar 7, 2025 Class A Common Stock 1M $0.00 Direct F2
transaction MYPS Performance Stock Units Award $0 +625K $0.00 625K Mar 7, 2025 Class A Common Stock 625K $0.00 Direct F3
holding MYPS Restricted Stock Units 375K Mar 7, 2025 Class A Common Stock 375K $0.00 Direct F4, F5
holding MYPS Restricted Stock Units 500K Mar 7, 2025 Class A Common Stock 500K $0.00 Direct F4, F6
holding MYPS Stock Options 1.86M Mar 7, 2025 Class B Common Stock 1.86M $1.01 Direct F1
holding MYPS Earnout Shares 416K Mar 7, 2025 Class B Common Stock 416K $0.00 by Pascal Family Trust F1, F7
holding MYPS Earnout Shares 2.3M Mar 7, 2025 Class B Common Stock 2.3M $0.00 by DreamStreet Holdings, LLC F1, F7
holding MYPS Earnout Shares 313K Mar 7, 2025 Class B Common Stock 313K $0.00 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 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 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.
F2 Represents a grant of 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: 41,666 Restricted Stock Units vesting on January 15, 2026; 333,334 Restricted Stock Units vesting on January 15, 2027; and 625,000 Restricted Stock Units vesting on January 15, 2028.
F3 Represents a grant of unvested Performance Stock Units. 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, 2025.
F4 Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
F5 On February 22, 2023, the Reporting Person was granted 1,125,000 unvested Restricted Stock Units, which vest in three equal installments, with one-third vesting on February 15, 2024, one-third vesting on February 15, 2025, and one-third vesting on February 15, 2026, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date.
F6 On March 11, 2024, the Reporting Person was granted 708,335 Restricted Stock Units, which vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 208,334 Restricted Stock Units vesting on February 15, 2025; 208,334 Restricted Stock Units vesting on February 15, 2026; and 291,667 Restricted Stock Units vesting on February 15, 2027.
F7 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)