David Lopez - 25 Sep 2024 Form 4 Insider Report for PlayAGS, Inc. (AGS)

Role
Chief Executive Officer, Director
Signature
/s/Rob Ziems, Attorney in Fact
Issuer symbol
AGS
Transactions as of
25 Sep 2024
Transactions value $
-$214,666
Form type
4
Date filed
27 Sep 2024, 17:16
Previous filing
20 Sep 2024
Next filing
10 Jan 2025
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 +48.3K +3.14% 1.59M 25 Sep 2024 Direct F1
transaction AGS Common Stock Tax liability -$215K -19K -1.2% $11.30 1.57M 25 Sep 2024 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 -48.3K -21.65% 175K 25 Sep 2024 Common Stock 48.3K 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 Company settled 100% of these shares of phantom stock for shares of PlayAGS, Inc. common stock.
F2 The amount of beneficially owned securities includes 843,509 shares of common stock and 723,851 unvested restricted stock units.
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.