Christopher Riley - Oct 29, 2021 Form 4 Insider Report for PLBY Group, Inc. (PLBY)

Role
General Counsel & Secretary
Signature
/s/ Christopher Riley
Stock symbol
PLBY
Transactions as of
Oct 29, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 08:10 PM
Next filing
Mar 22, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLBY Common Stock Award $0 +39.5K +754.23% $0.00 44.7K Oct 29, 2021 Direct F1
transaction PLBY Common Stock Award $0 +190K +425.37% $0.00 235K Oct 29, 2021 Direct F2

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 PLBY Non-qualified Stock Option (Right to Buy) Award $0 +36.6K $0.00 36.6K Oct 29, 2021 Common Stock 36.6K $28.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units that vests in three equal installments on each of the first three (3) anniversaries of the vesting start date (February 10, 2021).
F2 Represents a grant of performance-based restricted stock units that vests in four (4) equal tranches arising upon achievement of each of the following thirty (30) day volume-weighted average prices for a share of PLBY Group, Inc. common stock: $20, $30, $40 and $50; provided each such price is achieved on or prior to the seventh anniversary of the vesting start date (February 10, 2021).
F3 Represents stock options that vest over three years as follows: The first one-third (1/3) of the options shall vest on the first (1st) anniversary of the vesting start date (February 10, 2021), and the remaining two-thirds (2/3) shall vest in equal monthly installments over the twenty-four (24) months following February 10, 2022.