Mathew Ellis - Mar 10, 2025 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role: Chief Financial Officer
Signature: /s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Stock symbol: ACEL
Transactions as of: Mar 10, 2025
Transactions value $: -$39,467
Form type: 4
Date filed: 3/17/2025, 05:58 PM
Previous filing: Jan 29, 2025
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	+797	+1.12%	$0.00	72.2K	Mar 14, 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	-$2.3K	-234	-0.32%	$9.82	72K	Mar 14, 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+6.59K	+9.16%	$0.00	78.6K	Mar 14, 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	-$19K	-1.93K	-2.46%	$9.82	76.7K	Mar 14, 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+5.59K	+7.29%	$0.00	82.2K	Mar 15, 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	-$16.1K	-1.64K	-1.99%	$9.82	80.6K	Mar 15, 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+737	+0.91%	$0.00	81.3K	Mar 16, 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	-$2.12K	-216	-0.27%	$9.82	81.1K	Mar 16, 2025	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)	Award	$0	+18.3K		$0.00	18.3K	Mar 10, 2025	Class A-1 Common Stock	18.3K		Direct	F1, F2
transaction	ACEL	Restricted Stock Units (RSU)	Options Exercise	$0	-797	-20.02%	$0.00	3.18K	Mar 14, 2025	Class A-1 Common Stock	797		Direct	F1, F3
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise	$0	-6.59K	-50%	$0.00	6.59K	Mar 14, 2025	Class A-1 Common Stock	6.59K		Direct	F1, F2
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise	$0	-5.59K	-33.34%	$0.00	11.2K	Mar 15, 2025	Class A-1 Common Stock	5.59K		Direct	F1, F2
transaction	ACEL	Restricted Stock Units (RSU)	Options Exercise	$0	-737	-100%	$0.00	0	Mar 16, 2025	Class A-1 Common Stock	737		Direct	F1, 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	1/3 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.
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	1/4 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 continuing service to the Issuer on each vesting date.