0001356746-24-000002.txt : 20240313 0001356746-24-000002.hdr.sgml : 20240313 20240313163701 ACCESSION NUMBER: 0001356746-24-000002 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: Peterson Scott Edward CENTRAL INDEX KEY: 0001356746 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39652 FILM NUMBER: 24746490 MAIL ADDRESS: STREET 1: C/O PLAYSTUDIOS, INC. STREET 2: 10150 COVINGTON CROSS DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89144 FORMER NAME: FORMER CONFORMED NAME: Peterson Scott DATE OF NAME CHANGE: 20060320 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_1710362211.xml FORM 4 X0508 4 2024-03-11 0 0001823878 PLAYSTUDIOS, Inc. MYPS 0001356746 Peterson Scott Edward 10150 COVINGTON CROSS DRIVE LAS VEGAS NV 89144 0 1 0 0 Chief Financial Officer 0 Class A Common Stock 441403 I by Scott E Peterson Trust Class A Common Stock 2024-03-11 4 M 0 40000 0 A 40000 D Class A Common Stock 2024-03-11 4 F 0 15698 2.20 D 24302 D Class A Common Stock 2024-03-13 4 G 0 6076 0 D 18226 D Class A Common Stock 2024-03-13 4 J 0 18226 0 D 0 D Class A Common Stock 2024-03-13 4 J 0 18226 A 459629 I by Scott E Peterson Trust Class A Common Stock 6076 I By Spouse Restricted Stock Units 0 2024-03-11 4 A 0 40000 0 A Class A Common Stock 40000 40000 D Restricted Stock Units 0 2024-03-11 4 M 0 40000 0 D Class A Common Stock 40000 0 D Restricted Stock Units 0 2024-03-11 4 A 0 766669 0 A Class A Common Stock 766669 766669 D Performance Stock Units 0 2024-03-11 4 A 0 83333 0 A Class A Common Stock 83333 83333 D Restricted Stock Units 0 Class A Common Stock 150000 150000 D Stock Options 1.44 2023-01-01 2029-01-01 Class A Common Stock 67971 67971 D Stock Options 1.01 2021-04-01 2027-04-01 Class A Common Stock 67974 67974 D Earnout Shares 0 2026-06-21 Class A Common Stock 12840 12840 D Earnout Shares 0 2026-06-21 Class A Common Stock 50518 50518 I by Scott E Peterson Trust Reflects change in form of ownership with respect to 140,975 shares from Direct (as previously reported) to Indirect (as currently reported) as a result of the transfer of such shares to the Reporting Person's trust. Represents shares of Class A common stock, $0.0001 par value per share ("Class A Common Stock"), issued upon settlement of fully vested Restricted Stock Units awarded to the Reporting Person on March 11, 2024. Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units and does not represent an open market sale. Reflects the transfer of shares of Class A Common Stock to the Reporting Person's spouse. Reflect change in form of ownership from Direct to Indirect as a result of the transfer of such shares to the Reporting Person's trust. 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 Each Restricted Stock Unit represents the contingent right to receive, upon vesting and settlement, one share of Class A Common Stock. On March 11, 2024, the Reporting Person was granted 25,000 fully vested Restricted Stock Units. 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: 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. 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 23, 2022, the Reporting Person was granted 450,000 unvested Restricted Stock Units. The Restricted Stock Units vest in three equal installments, with one-third vesting on May 15, 2022, one-third vesting on May 15, 2023, and one-third vesting on May 15, 2024, 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