Robert Barron Ziems - 05 Mar 2025 Form 4 Insider Report for PlayAGS, Inc. (AGS)

Role
Chief Bus. and Legal Officer
Signature
/s/Rob Ziems
Issuer symbol
AGS
Transactions as of
05 Mar 2025
Transactions value $
-$143,780
Form type
4
Filing time
07 Mar 2025, 18:03:18 UTC
Previous filing
17 Apr 2024
Next filing
24 Apr 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 +28.3K +21.12% 162K 05 Mar 2025 Direct F1
transaction AGS Common Stock Tax liability -$144K -11.9K -7.3% $12.12 151K 05 Mar 2025 Direct F2, F3

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 -28.3K -33.33% 56.7K 05 Mar 2025 Common Stock 28.3K Direct F1, F4
* 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 Exempt transaction pursuant to Rule 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the vesting of restricted shares, as approved by the Issuer's board of directors in accordance with Rule 16b-3. All of the shares reported as disposed of on this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the settlement of vested restricted shares. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
F3 The amount of beneficially owned securities includes 33,085 shares of common stock and 117,508 unvested restricted stock units.
F4 The phantom stock units vest ratably in equal annual installments on each of the first four anniversaries following the grant date, subject generally to the participant's continued employment through the vesting date.