PlayAGS (AGS) executive Lopez acquired 48,276 shares
Insider transactions reported
David Lopez (executive at PlayAGS Inc., AGS) reported that they acquired 48,276 shares, and gave up 18,997 shares at $7.00 to cover taxes or an exercise price on Sep 22, 2023. After these transactions the filing shows 329,667 shares held directly.
- Reporting person
- Lopez David
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 22, 2023 | Exercise or conversion of a derivative (M) | Common Stock1, 2 | +48,276 | - | - | 348,664 direct |
| Sep 22, 2023 | Shares withheld for taxes or exercise price (F) | Common Stock2 | -18,997 | $7.00 | $133K | 329,667 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 22, 2023 | Exercise or conversion of a derivative (M) | Phantom Stock UnitsOn 48,276 Common Stock1, 3 | -48,276 | - | - | 626,791 direct |
Holdings before and after
- Common Stock: 300,388 to 329,667 direct
- Phantom Stock Units: 675,067 to 626,791 direct
Footnotes from the filing
- 1. Each share of phantom stock was the economic equivalent of one share of PlayAGS, Inc. common stock. The reporting person settled 100% of these shares of phantom stock for shares of PlayAGS, Inc. common stock.
- 2. Excluded from the calculation of the amount of beneficially owned securities are 749,550 unvested restricted stock units held by the reporting person as of transaction date.
- 3. The phantom stock units vest ratably in equal annual installments on each of the first four anniversaries following 9/21/2021, subject generally to the participant's continued employment through the vesting date.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Lopez report in this AGS Form 4?
David Lopez (executive at PlayAGS Inc., AGS) reported that they acquired 48,276 shares, and gave up 18,997 shares at $7.00 to cover taxes or an exercise price on Sep 22, 2023. After these transactions the filing shows 329,667 shares held directly.
How many AGS shares does Lopez hold after this filing?
The filing shows 329,667 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for AGS
Earlier insider filings at AGS
- Sep 26, 2023Akiona Kimo converted options into 23,207 shares and covered exercise/tax liability with 9,132 shares, increasing direct ownership by 9% to 164,605 units (SEC Form 4)
- Sep 22, 2023SEC Form 4: Lopez David covered exercise/tax liability with 16,014 shares, increasing direct ownership by 6% to 300,388 units
- Sep 22, 2023SEC Form 4: Akiona Kimo covered exercise/tax liability with 5,151 shares, increasing direct ownership by 5% to 150,530 units
- Aug 16, 2023SEC Form 4: Freeman Geoff was granted 10,838 units of Restricted Stock Units
- Aug 16, 2023SEC Form 4: Landau Yvette was granted 10,838 units of Restricted Stock Units
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Miscellaneous manufacturing industries
- Listed since
- 2018
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