Playtika completes stock option exchange; 84.4% of eligible options surrendered for RSUs

Playtika Holding Corp.

Options to purchase 10.9M shares were exchanged for ~4.36M new RSUs at a 2.5:1 ratio.
Executive officers Abrahams, Kinberg, Aizenberg, Cohen surrendered options; new RSUs vest quarterly over 3 years.
Option exchange expired Dec. 15, 2022; surrendered options cancelled and replaced under 2020 Incentive Award Plan.
New RSUs retain same accelerated vesting provisions; Abrahams and Cohen receive 280G gross-up.

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