Michael Joseph Marino - 14 Mar 2022 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Chief Commerical Officer
Signature
/s/ Derek Harmer, Attorney-in-fact for Michael Joseph Marino
Issuer symbol
ACEL
Transactions as of
14 Mar 2022
Transactions value $
$0
Form type
4
Filing time
16 Mar 2022, 19:33:40 UTC
Previous filing
09 Mar 2022
Next filing
18 Mar 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACEL Restricted Stock Unit (RSU) Award $0 +36.6K $0.00 36.6K 14 Mar 2022 Class A-1 Common Stock 36.6K Direct F1, F2
transaction ACEL Employee Stock Option (Right to Buy) Award $0 +36.6K $0.00 36.6K 14 Mar 2022 Class A-1 Common Stock 36.6K $12.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.
F2 1/4 of the RSUs will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F3 1/4 of the total shares underlying the option will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.