Derek Harmer - 13 Jul 2024 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Secretary
Signature
/s/ Derek Harmer
Issuer symbol
ACEL
Transactions as of
13 Jul 2024
Transactions value $
-$45,604
Form type
4
Filing time
16 Jul 2024, 19:05:13 UTC
Previous filing
12 Jul 2024
Next filing
17 Sep 2024
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 +1.54K +0.84% $0.00 184K 13 Jul 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$4.7K -453 -0.25% $10.37 184K 13 Jul 2024 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +13.3K +7.25% $0.00 197K 15 Jul 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$40.9K -3.91K -1.98% $10.47 193K 15 Jul 2024 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 Units (RSU) Options Exercise $0 -1.54K -100% $0.00* 0 13 Jul 2024 Class A-1 Common Stock 1.54K Direct F1, F2
transaction ACEL Restricted Stock Unit (RSU) Options Exercise $0 -13.3K -33.33% $0.00 26.7K 15 Jul 2024 Class A-1 Common Stock 13.3K Direct F1, 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 July 13, 2021, 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 1/3 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.