Derek Harmer - 14 Mar 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Secretary
Signature
/s/ Derek Harmer
Issuer symbol
ACEL
Transactions as of
14 Mar 2023
Transactions value $
-$44,601
Form type
4
Filing time
16 Mar 2023, 21:30:28 UTC
Previous filing
18 Jan 2023
Next filing
31 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACEL Class A-1 Common Stock Options Exercise $0 +7,386 +3.9% $0 196,746 14 Mar 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$19,246 -2,165 -1.1% $8.89 194,581 14 Mar 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +2,021 +1.04% $0 196,602 16 Mar 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$5,265 -593 -0.3% $8.88 196,009 16 Mar 2023 Direct
transaction ACEL Class A-1 Common Stock Sale -$20,088 -2,232 -1.14% $9 193,777 16 Mar 2023 Direct F1

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) Options Exercise $0 -7,386 -25% $0 22,157 14 Mar 2023 Class A-1 Common Stock 7,386 Direct F2, F3
transaction ACEL Restricted Stock Unit (RSU) Award $0 +20,410 $0 20,410 15 Mar 2023 Class A-1 Common Stock 20,410 Direct F2, F4
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -2,021 -11.11% $0 16,167 16 Mar 2023 Class A-1 Common Stock 2,021 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 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.
F3 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.
F4 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.
F5 1/4 of the RSUs will vest on March 16, 2022, 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.