Filing Details

Accession Number:
0001100555-22-000046
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-08 19:57:39
Reporting Period:
2022-06-06
Accepted Time:
2022-06-08 19:57:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1823878 Playstudios Inc. MYPS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1100555 S Andrew Pascal 10150 Covington Cross Drive
Las Vegas NV 89144
Chairman And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-06-06 10,500 $5.75 372,000 No 4 P Indirect by Pascal Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect by Pascal Family Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 2,913,005 Indirect by Pascal Family Trust
Class B Common Stock 9,419,827 Indirect by DreamStreet Holdings, LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class B Common Stock Stock Options $0.14 2012-10-04 2022-10-04 327,469 12,332,832 Direct
Class B Common Stock Stock Options $1.01 2021-04-17 2027-04-17 1,864,324 12,332,832 Direct
Class B Common Stock Earnout Shares $0.00 2026-06-21 416,422 416,422 Indirect
Class B Common Stock Earnout Shares $0.00 2026-06-21 2,296,368 2,296,368 Indirect
Class B Common Stock Earnout Shares $0.00 2026-06-21 313,322 313,322 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-10-04 327,469 12,332,832 Direct
2027-04-17 1,864,324 12,332,832 Direct
2026-06-21 416,422 416,422 Indirect
2026-06-21 2,296,368 2,296,368 Indirect
2026-06-21 313,322 313,322 Direct
Footnotes
  1. Trade made pursuant to a Rule 10b5-1 plan.
  2. 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.
  3. 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)