Form 4 for PLBY Playboy, Inc.
Accepted 2022-03-22 00:00:00 ET · period of report 2022-03-18 · accession 0001209191-22-020675 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-03-22 | 2022-03-18+ | PLBY | Kohn Bernhard L III | CEO, Pres, Dir | S - Sale | $15.04 | -242.0K | 1.99M | -11% | -$3.64M |
| MI | 2022-03-22 | 2022-03-21 | PLBY | Kohn Bernhard L III | CEO, Pres, Dir | P - Purchase | $15.33 | +25.0K | 928 | New | +$383.3K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-18 | S | D | 122,000 | $15.64 | 2,107,756 | D See Footnote | — | — | (F1) Represents shares sold to cover the reporting person's tax withholding obligations in connection with the settlement of performance-based restricted stock units ("PSUs") previously granted to the reporting person. Pursuant to the Issuer's current practices, PSU and restricted stock unit settlements are being completed along with shares sold solely to cover the taxes related to such transactions. The net shares retained by the reporting person in connection with the settlement of these PSUs are subject to a one-year lock-up from the date of settlement. (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $15.32 to $15.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F5) Represents shares of common stock held directly by Cold Springs Trust, of which Mr. Kohn is a beneficiary. Mr. Kohn disclaims beneficial ownership of the shares owned by Cold Spring Trust, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose. |
| 2 | Common | Common Stock | 2022-03-21 | P | A | 24,072 | $15.34 | 25,000 | I | — | — | |
| 3 | Common | Common Stock | 2022-03-21 | P | A | 928 | $15.15 | 928 | I | — | — | |
| 4 | Common | Common Stock | 2022-03-21 | S | D | 6,797 | $15.30 | 1,987,756 | D | — | — | (F1) Represents shares sold to cover the reporting person's tax withholding obligations in connection with the settlement of performance-based restricted stock units ("PSUs") previously granted to the reporting person. Pursuant to the Issuer's current practices, PSU and restricted stock unit settlements are being completed along with shares sold solely to cover the taxes related to such transactions. The net shares retained by the reporting person in connection with the settlement of these PSUs are subject to a one-year lock-up from the date of settlement. (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $15.05 to $15.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| 5 | Common | Common Stock | 2022-03-21 | S | D | 113,203 | $14.37 | 1,994,553 | D See Footnote | — | — | (F1) Represents shares sold to cover the reporting person's tax withholding obligations in connection with the settlement of performance-based restricted stock units ("PSUs") previously granted to the reporting person. Pursuant to the Issuer's current practices, PSU and restricted stock unit settlements are being completed along with shares sold solely to cover the taxes related to such transactions. The net shares retained by the reporting person in connection with the settlement of these PSUs are subject to a one-year lock-up from the date of settlement. (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $14.02 to $15.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. (F5) Represents shares of common stock held directly by Cold Springs Trust, of which Mr. Kohn is a beneficiary. Mr. Kohn disclaims beneficial ownership of the shares owned by Cold Spring Trust, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose. |