FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Peterson Scott Edward
  2. Issuer Name and Ticker or Trading Symbol
PLAYSTUDIOS, Inc. [MYPS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last)
(First)
(Middle)
10150 COVINGTON CROSS DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2022
(Street)

LAS VEGAS, NV 89144
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 05/15/2022   M   150,000 A (1) 150,000 D  
Class A Common Stock               300,428 I by Scott E Peterson Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 0 (1) 05/15/2022   M     150,000 (2)   (3)   (3) Class A Common Stock 150,000.00 (1) 300,000 D  
Stock Options $ 1.44               (4) 01/01/2029 Class A Common Stock 67,971.00   300,428 D  
Stock Options $ 1.01             04/01/2021 04/01/2027 Class A Common Stock 67,974.00   300,428 D  
Earnout Shares $ 0               (5) 06/21/2026 Class A Common Stock 12,840.00   12,840 D  
Earnout Shares $ 0               (5) 06/21/2026 Class A Common Stock 50,518.00   50,518 I by Scott E Peterson Trust

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Peterson Scott Edward
10150 COVINGTON CROSS DRIVE
LAS VEGAS, NV 89144
      Chief Financial Officer  

Signatures

 /s/ Joel Agena, Attorney-in-Fact   05/17/2022
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Restricted stock units convert into shares of Class A Common stock on a one-for-one basis.
(2) The RSUs vested on May 15, 2022, pursuant to the applicable restricted stock unit agreement and the Company's 2021 Equity Incentive Plan (the "Plan").
(3) On February 23, 2022, the reporting person was granted 450,000 restricted stock units, vesting in three equal increments (each annual installment being 33.33% of the grant) with the first annual increment vesting on May 15, 2022, subject in each case to continued employment with the Company through the applicable vesting date.
(4) The stock options vest in equal monthly amounts over the 48 months of service beginning on January 1, 2019.
(5) 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)
 
Remarks:
See Exhibit 24.1 - Power of Attorney

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