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

Role
Secretary
Signature
/s/ Derek Harmer
Issuer symbol
ACEL
Transactions as of
14 Jun 2023
Transactions value $
-$11,075
Form type
4
Filing time
16 Jun 2023, 17:53:19 UTC
Previous filing
14 Apr 2023
Next filing
22 Jun 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 +1,846 +0.99% $0 188,945 14 Jun 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$5,285 -541 -0.29% $9.77 188,404 14 Jun 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +2,020 +1.07% $0 190,424 16 Jun 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$5,789 -592 -0.31% $9.78 189,832 16 Jun 2023 Direct

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 -1,846 -8.33% $0 20,311 14 Jun 2023 Class A-1 Common Stock 1,846 Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -2,020 -12.49% $0 14,147 16 Jun 2023 Class A-1 Common Stock 2,020 Direct F3, F4
* 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 Each restricted stock award ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.
F4 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.