Kohn Bernhard L III's Form 4/A amendment
AmendedPlayboy, Inc. (PLBY) · filed Mar 23, 2022
- Accession no.
- 0001209191-22-020801
- Filed
- Mar 23, 2022
- Trade date
- Mar 18-22, 2022
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Mar 22, 2022
This filing lists 5 non-derivative transactions. Open-market purchases total $383.3K. Open-market sales total $3.64M. It was filed 5 days after the trade.
This amendment replaces 0001209191-22-020675 (filed Mar 22, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Kohn Bernhard L IIICIK 0001844121 | Director, Officer (CEO & President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 18, 2022 | Common Stock | SSaleDisposed | −122,000 | $15.64F2 | −$1,908,080 | 2,107,756 | Direct | |
| Mar 21, 2022 | Common Stock | SSaleDisposed | −113,203 | $14.37F3 | −$1,626,727.11 | 1,994,553 | Direct | |
| Mar 21, 2022 | Common Stock | SSaleDisposed | −6,797 | $15.30F4 | −$103,994.1 | 1,987,756 | Direct | |
| Mar 22, 2022 | Common Stock | PPurchaseAcquired | +928 | $15.15F5 | +$14,059.2 | 928 | Indirect | |
| Mar 22, 2022 | Common Stock | PPurchaseAcquired | +24,072 | $15.34F7 | +$369,264.48 | 25,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $15.14 to $15.15, 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 purchased at each separate price within the range set forth above.
Referenced by the price of 1 transaction in Table I.
- F6
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 Springs 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.
- F7
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $15.335 to $15.36, 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 purchased at each separate price within the range set forth above.
Referenced by the price of 1 transaction in Table I.
- F8
Represents shares of common stock held directly by Bircoll Kohn Family Trust, for which Mr. Kohn is a trustee and a controlling person. Mr. Kohn disclaims beneficial ownership of the shares owned by Bircoll Kohn Family 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.
- F9
Represents shares of common stock held directly by Woodburn Dr LP, an entity controlled by Mr. Kohn. These shares were acquired in a distribution exempt under Rule 16a-9 under the Securities Exchange Act of 1934, as amended. Mr. Kohn disclaims beneficial ownership of the shares owned by Woodburn Dr LP, 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.
Remarks
This Form 4/A amends and restates the original Form 4 filed by the reporting person on March 22, 2022 (the "Original Form 4"). This amendment corrects and updates information relating to the purchases in Table I and includes in the Remarks Section the following sentence inadvertently excluded from the EDGAR version of the executed Original Form 4. The reporting person has agreed to voluntarily disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein.