Andrew S. Pascal - Feb 2, 2022 Form 4 Insider Report for PLAYSTUDIOS, Inc. (MYPS)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Joel Agena, Attorney-in-Fact
Stock symbol
MYPS
Transactions as of
Feb 2, 2022
Transactions value $
$122,739
Form type
4
Date filed
2/3/2022, 03:25 PM
Previous filing
Jan 28, 2022
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYPS Class A Common Stock Purchase $123K +28.4K +48.55% $4.32 86.9K Feb 2, 2022 by Pascal Family Trust
holding MYPS Class B Common Stock 13.2M Feb 2, 2022 by DreamStreet Holdings, LLC
holding MYPS Class B Common Stock 2.91M Feb 2, 2022 by Pascal Family Trust

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 Stock Options 16.1M Feb 2, 2022 Class B Common Stock 327K $0.14 Direct F1
holding MYPS Stock Options 16.1M Feb 2, 2022 Class B Common Stock 1.86M $1.01 Direct F1
holding MYPS Earnout Shares 2.3M Feb 2, 2022 Class B Common Stock 2.3M $0.00 by DreamStreet Holdings, LLC F1, F2
holding MYPS Earnout Shares 416K Feb 2, 2022 Class B Common Stock 416K $0.00 by Pascal Family Trust F1, F2
holding MYPS Earnout Shares 313K Feb 2, 2022 Class B Common Stock 313K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A common stock, par value $0.0001 per share (the Class A Common Stock), of the Issuer. Upon transfer, each share of Class B Common Stock will convert into a share of Class A Common Stock, subject to certain limited exceptions. The rights of the holders of Class A Common Stock and Class B Common Stock are identical, except with respect to conversion rights (noted above) and voting rights. Each share of Class B Common Stock is entitled to twenty votes per share, whereas each share of Class A Common Stock is entitled to one vote per share.
F2 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, by and among Acies Acquisition Corp., Catalyst Merger Sub I, Inc., Catalyst Merger Sub II, LLC, and Old PLAYSTUDIOS, and ending no later than the five-year anniversary of the Closing (the earnout consideration will also vest based on the price targets in connection with a sale of the Issuer)

Remarks:

See Exhibit 24.1 - Power of Attorney