Scott Edward Peterson - Apr 1, 2025 Form 4 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

Signature
/s/ Joel Agena, Attorney-in-Fact
Stock symbol
MYPS
Transactions as of
Apr 1, 2025
Transactions value $
-$37,297
Form type
4
Date filed
4/3/2025, 06:27 PM
Previous filing
Mar 11, 2025
Next filing
Apr 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYPS Class A Common Stock Sale -$37.3K -29.6K -5.54% $1.26 504K Apr 1, 2025 by Scott E Peterson Trust F1, F2
holding MYPS Class A Common Stock 534K Apr 1, 2025 by Scott E Peterson Trust
holding MYPS Class A Common Stock 33.9K Apr 1, 2025 By Spouse 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
holding MYPS Restricted Stock Units 333K Apr 1, 2025 Class A Common Stock 333K $0.00 Direct F4, F5
holding MYPS Performance Stock Units 250K Apr 1, 2025 Class A Common Stock 250K $0.00 Direct F6
holding MYPS Restricted Stock Units 583K Apr 1, 2025 Class A Common Stock 583K $0.00 Direct F4, F7
holding MYPS Stock Options 68K Apr 1, 2025 Class A Common Stock 68K $1.01 Direct
holding MYPS Stock Options 68K Apr 1, 2025 Class A Common Stock 68K $1.44 Direct
holding MYPS Earnout Shares 12.8K Apr 1, 2025 Class A Common Stock 12.8K $0.00 Direct F8
holding MYPS Earnout Shares 50.5K Apr 1, 2025 Class A Common Stock 50.5K $0.00 by Scott E Peterson Trust F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2024 providing for the sale of up to 134,201 shares of Class A Common Stock. The trading plan is scheduled to terminate on September 12, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.23 to $1.28 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Reflects shares owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and the inclusion of such shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose
F4 Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock.
F5 On March 7, 2025, the Reporting Person was granted 333,335 unvested Restricted Stock Units. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Company through the applicable vesting date: 83,333 Restricted Stock Units vesting on May 15, 2025; 83,334 Restricted Stock Units vesting on January 15, 2026; 83,334 Restricted Stock Units vesting on January 15, 2027; and 83,333 Restricted Stock Units vesting on January 15, 2028.
F6 On March 7, 2025, the Reporting Person was granted 250,000 unvested Performance Stock Units. Each Performance Stock Unit represents the contingent right to receive, upon vesting and settlement, up to one share of Class A Common Stock. The actual number of shares of Class A Common Stock to be issued upon vesting of such Performance Stock Units will be determined based on, and will be contingent upon, the achievement of certain pre-established performance metrics, as determined by the Compensation Committee of the Issuer's Board of Directors, for the fiscal year ending December 31, 2025.
F7 On March 11, 2024, the Reporting Person was granted 766,669 unvested unvested Restricted Stock Units. The Restricted Stock Units are scheduled to vest as follows, subject in each case to the Reporting Person's continued employment with the Issuer through the applicable vesting date: 183,334 Restricted Stock Units vesting on May 15, 2024; 250,001 Restricted Stock Units vesting on May 15, 2025; 166,667 Restricted Stock Units vesting on May 15, 2026; and 166,667 Restricted Stock Units vesting on May 15, 2027.
F8 Payable in two equal tranches if the closing price of the Class A Common Stock exceeds $12.50 and $15.00 per share, respectively, for any 20 trading days within any 30-trading day period commencing on or after the 150th day following the closing (the "Closing") of the business combination pursuant to the Agreement and Plan of Merger, dated as of February 1, 2021, to which the Issuer is a party, and ending no later than the five-year anniversary of the Closing. The Earnout Shares are also subject to potential vesting based on the price targets in connection with a sale of the Issuer.