Dave & Buster's (PLAY) grants CEO RSUs, performance shares and options
Rhea-AI Filing Summary
Dave & Buster's Entertainment, Inc. reported that Chief Executive Officer Darin Harper received equity awards on August 10, 2026. The awards include 203,046 shares of Common Stock in the form of RSUs vesting in three equal annual installments on August 10, 2027, 2028, and 2029; 228,426 Performance Shares that may be earned and vest in three tranches based on Same Store Sales performance; and a stock option for 228,426 shares of Common Stock with a $9.85 exercise price, with any earned portion vesting in three equal installments on the first, second, and third anniversaries of the 2X Price Achievement Date.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 203,046 shares
Net Buy
3 txns
Insider
Harper Darin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Shares SSS F2 | 228,426 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F3 | 228,426 | $9.85 | $2.25M |
| Grant/Award | Common Stock F1 | 203,046 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Shares SSS — 228,426 shares (Direct);
Stock Option (Right to Buy) — 228,426 shares (Direct);
Common Stock — 309,952 shares (Direct)
Footnotes (3)
- F1. Represents a grant of RSUs that will vest in three equal annual installments on each of August 10, 2027, 2028 and 2029.
- F2. This Award shall be one hundred percent (100%) unvested as of the Date of Grant and shall be divided into three substantially equal tranches. Each Tranche shall be eligible to be earned and vest indiependently based on the Company's Same Store Sales performance during the applicable performance period.
- F3. One Hundred percent (100%) of the Option that becomes earned shall vest in three substantially equal installments on each of the first, second and third anniversaries of the 2X Price Achievement Date.
Key Figures
RSU grant: 203,046 shares
Performance Shares granted: 228,426 shares
Stock options granted: 228,426 shares
+3 more
6 metrics
RSU grant
203,046 shares
RSUs vesting in three equal installments on August 10, 2027, 2028 and 2029
Performance Shares granted
228,426 shares
Performance Shares eligible to vest in three tranches based on Same Store Sales
Stock options granted
228,426 shares
Options to buy Common Stock at $9.85 per share, expiring August 10, 2036
Option exercise price
$9.85 per share
Conversion or exercise price for options granted on August 10, 2026
Options expiration
August 10, 2036
Expiration date of stock option grant for 228,426 shares
Common Stock held after grant
309,952 shares
Total direct Common Stock beneficially owned by CEO after RSU grant
Key Terms
Restricted Stock Units, Same Store Sales, 2X Price Achievement Date, performance period, +1 more
5 terms
Restricted Stock Units financial
"Represents a grant of RSUs that will vest in three equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Same Store Sales financial
"based on the Company's Same Store Sales performance during the applicable"
Same store sales measure the change in revenue generated by stores that have been open for at least a year, comparing current sales to past periods. It helps investors see how well a business is growing from its existing locations, without the influence of new store openings or closures. This metric provides a clearer picture of ongoing performance and customer demand.
2X Price Achievement Date financial
"anniversaries of the 2X Price Achievement Date."
performance period financial
"performance during the applicable performance period."
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
FAQ
What equity awards did PLAY CEO Darin Harper receive on August 10, 2026?
On August 10, 2026, CEO Darin Harper received 203,046 RSUs, 228,426 Performance Shares, and a stock option for 228,426 shares of Dave & Buster's Common Stock with a $9.85 exercise price.
How do the new RSUs granted to PLAY CEO Darin Harper vest?
The 203,046 RSUs granted to CEO Darin Harper vest in three equal annual installments on August 10, 2027, 2028, and 2029, subject to continued service and other applicable award conditions.
What are the key terms of the stock options granted to PLAY CEO Darin Harper?
CEO Darin Harper received stock options for 228,426 shares of Common Stock at a $9.85 exercise price, expiring on August 10, 2036. Any portion that becomes earned vests in three equal installments after the 2X Price Achievement Date.
How will the stock options for PLAY CEO Darin Harper vest after the 2X Price Achievement Date?
Once the option is earned, 100% of the earned portion vests in three substantially equal installments on each of the first, second, and third anniversaries of the 2X Price Achievement Date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
