Kimo Akiona - 22 Sep 2023 Form 4 Insider Report for PlayAGS, Inc. (AGS)

Role
CFO Chief Acctg Off and Treas
Signature
/s/Rob Ziems, Attorney in Fact
Issuer symbol
AGS
Transactions as of
22 Sep 2023
Transactions value $
-$63,924
Form type
4
Filing time
26 Sep 2023, 19:25:53 UTC
Previous filing
21 Sep 2023
Next filing
10 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGS Common Stock Options Exercise +23,207 +15% 173,737 22 Sep 2023 Direct F1, F2
transaction AGS Common Stock Tax liability -$63,924 -9,132 -5.3% $7 164,605 22 Sep 2023 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 AGS Phantom Stock Units Options Exercise -23,207 -7.2% 301,307 22 Sep 2023 Common Stock 23,207 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock was the economic equivalent of one share of PlayAGS, Inc. common stock. The reporting person settled 100% of these shares of phantom stock for shares of PlayAGS, Inc. common stock.
F2 Excluded from the calculation of the amount of beneficially owned securities are 441,776 unvested restricted stock units held by the reporting person as of transaction date.
F3 The phantom stock units vest ratably in equal annual installments on each of the first four anniversaries following 9/21/2021, subject generally to the participant's continued employment through the vesting date.