0001100555-24-000004.txt : 20240313 0001100555-24-000004.hdr.sgml : 20240313 20240313163839 ACCESSION NUMBER: 0001100555-24-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240311 FILED AS OF DATE: 20240313 DATE AS OF CHANGE: 20240313 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PASCAL ANDREW S CENTRAL INDEX KEY: 0001100555 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39652 FILM NUMBER: 24746518 MAIL ADDRESS: STREET 1: C/O PLAYSTUDIOS, INC. STREET 2: 10150 COVINGTON CROSS DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89144 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PLAYSTUDIOS, Inc. CENTRAL INDEX KEY: 0001823878 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 981606155 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10150 COVINGTON CROSS DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89144 BUSINESS PHONE: 725-877-7000 MAIL ADDRESS: STREET 1: 10150 COVINGTON CROSS DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89144 FORMER COMPANY: FORMER CONFORMED NAME: Acies Acquisition Corp. DATE OF NAME CHANGE: 20200908 4 1 wk-form4_1710362300.xml FORM 4 X0508 4 2024-03-11 0 0001823878 PLAYSTUDIOS, Inc. MYPS 0001100555 PASCAL ANDREW S 10150 COVINGTON CROSS DRIVE LAS VEGAS NV 89144 1 1 1 0 Chairman and CEO 0 Class A Common Stock 226371 D Class B Common Stock 327469 D Class B Common Stock 2913005 I by Pascal Family Trust Class B Common Stock 9419827 I by DreamStreet Holdings, LLC Class A Common Stock 406300 I by Pascal Family Trust Restricted Stock Units 0 2024-03-11 4 A 0 708335 0 A Class A Common Stock 708335 708335 D Performance Stock Units 0 2024-03-11 4 A 0 145833 0 A Class A Common Stock 145833 145833 D Restricted Stock Units 0 Class A Common Stock 750000 750000 D Stock Options 1.01 2021-04-17 2027-04-17 Class B Common Stock 1864324 1864324 D Earnout Shares 0 2026-06-21 Class B Common Stock 416422 416422 I by Pascal Family Trust Earnout Shares 0 2026-06-21 Class B Common Stock 2296368 2296368 I by DreamStreet Holdings, LLC Earnout Shares 0 2026-06-21 Class B Common Stock 313322 313322 D 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 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. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock Represents a grant of unvested Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. 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: 208,334 Restricted Stock Units vesting on February 15, 2025; 208,334 Restricted Stock Units vesting on February 15, 2026; and 291,667 Restricted Stock Units vesting on February 15, 2027. 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 Company's Board of Directors, for the fiscal year ending December 31, 2024. On February 22, 2023, the Reporting Person was granted 1,125,000 unvested Restricted Stock Units, which vest in three equal installments, with one-third vested on February 15, 2024, one-third vesting on February 15, 2025, and one-third vesting on February 15, 2026, subject in each case to continued employment with the Company through the applicable vesting date. 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. /s/ Joel Agena, Attorney-in-Fact 2024-03-13