Christopher Riley - Oct 9, 2023 Form 4 Insider Report for PLBY Group, Inc. (PLBY)

Role
General Counsel & Secretary
Signature
/s/ Christopher Riley
Stock symbol
PLBY
Transactions as of
Oct 9, 2023
Transactions value $
$0
Form type
4
Date filed
10/11/2023, 08:05 PM
Previous filing
May 19, 2023
Next filing
May 29, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLBY Common Stock Award $0 +280K +136.24% $0.00 486K Oct 9, 2023 Direct F1, 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 PLBY Stock Option (Right to buy) Disposed to Issuer -36.6K -100% 0 Oct 9, 2023 Common Stock 36.6K $28.08 Direct F3
transaction PLBY Stock Option (Right to buy) Award $0 +130K $0.00 130K Oct 9, 2023 Common Stock 130K $0.66 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units that vests in two equal installments on each of the first two (2) anniversaries of the vesting start date (June 30, 2023).
F2 Includes 47,537 unvested shares under a performance-based restricted stock unit award previously reported on a Form 4 filed November 2, 2021 for which the performance-based vesting was amended to time-based vesting by the Issuer on October 9, 2023. Half of such shares (rounded down to the nearest whole share) will vest as of June 30, 2024 and the remaining portion of such shares will vest as of June 30, 2025.
F3 The Reporting Person and the Issuer agreed to cancel this option. This option was previously reported on a Form 4 filed on November 2, 2021. The option became partially exercisable as of February 10, 2022 and was exercisable as to 31,507 shares as of the date of cancellation. No exercise of any portion of the option had occurred as of the date of cancellation.
F4 The option is exercisable with respect to 50% of the shares as of June 30, 2024 and with respect to the remaining shares as of June 30, 2025.