Anna Massion - Jun 30, 2025 Form 4 Insider Report for PlayAGS, Inc. (AGS)

Role
Director
Signature
/s/Rob Ziems, Attorney in Fact
Stock symbol
AGS
Transactions as of
Jun 30, 2025
Transactions value $
$0
Form type
4
Date filed
7/2/2025, 07:53 PM
Previous filing
Aug 14, 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Massion Anna Director 6775 S. EDMOND ST., STE. 300, LAS VEGAS /s/Rob Ziems, Attorney in Fact 2025-07-02 0001779967

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGS Common Stock Disposed to Issuer -66K -100% 0 Jun 30, 2025 Direct F1, F2
transaction AGS Restricted Stock Units Disposed to Issuer -6.54K -100% 0 Jun 30, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Anna Massion is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects disposition of PlayAGS, Inc. ("Issuer") common stock, par value $0.01 per share ("Common Stock"), upon the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 8, 2024, by and among Issuer, Bingo Holdings I, LLC, a Delaware limited liability company ("Parent") and an affiliate of Brightstar Capital Partners, and Bingo Merger Sub, Inc., a Nevada corporation and a wholly owned subsidiary of Parent ("Merger Sub"), including the consummation of the merger (the "Merger") between Issuer and Merger Sub on June 30, 2025.
F2 At the effective time of the Merger (the "Effective Time"), each share of Common Stock that was outstanding as of immediately prior to the Effective Time was canceled and ceased to exist and was converted into the right to receive $12.50 in cash, without interest, subject to any withholding of taxes required by applicable law.
F3 Reflects disposition of Issuer restricted stock unit awards that vested based solely upon continued employment or service (each, a "RSU") upon the consummation of the transactions contemplated by the Merger Agreement, including the consummation of the Merger on June 30, 2025.
F4 At the Effective Time, each RSU that was outstanding immediately prior to the Effective Time, whether vested or unvested, was cancelled and converted into the right to receive an amount in cash, without interest, equal to (i) the total number of shares of Issuer common stock, par value $0.01 per share, underlying such RSU, multiplied by (ii) 12.50, less applicable tax withholdings.

Remarks:

The foregoing descriptions in the footnotes to this Form 4 are qualified in their entirety by reference to the terms of the Merger Agreement. In the event of any conflict between the descriptions above and the terms set forth in the Merger Agreement, the terms set forth in the Merger Agreement shall control.