secwatch.observer — SEC 8-K summary
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Issuer:     Playtika Holding Corp. (PLTK)
CIK:        0001828016
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001193125-22-283863
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Playtika lowers revenue growth vesting targets for executive PSUs; launches 2.5:1 option exchange
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- Amended 2022 PSUs for NEOs: first year revenue growth targets set at 1% (50% vest), 7.5% (75%), 9%+ (100%).
- For years 2–4, targets lowered to 1% (50%), 3% (75%), 5%+ (100%).
- On Nov 14, 2022, launched voluntary option exchange: eligible stock options exchanged for RSUs at 2.5:1 ratio.
- Option exchange open to service providers; board members not participating; tender offer filed on Schedule TO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828016/000119312522283863/0001193125-22-283863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828016/000119312522283863/d420354d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-283863

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