A. Lorne Weil - Mar 26, 2025 Form 4 Insider Report for Inspired Entertainment, Inc. (INSE)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Carys Damon, Attorney-in-Fact
Stock symbol: INSE
Transactions as of: Mar 26, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/28/2025, 06:48 PM
Previous filing: Feb 13, 2025
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	INSE	Performance Restricted Stock Units	Award	$0	+24K		$0.00	24K	Mar 26, 2025	Common Stock	24K		By LLC	F1, F2, F3
transaction	INSE	Performance Restricted Stock Units	Award	$0	+62.5K	+50%	$0.00	188K	Mar 26, 2025	Common Stock	62.5K		By LLC	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance restricted stock units convert into shares of common stock on a one-for-one basis.
F2	These performance restricted stock units were granted to the reporting person on March 8, 2024 and were conditioned on the attainment of pre-established performance criteria for 2024. The Issuer's compensation committee determined that the performance condition was attained in excess of the threshold level and exercised discretion to approve an incremental number of units, reflecting, in the aggregate, 60% of the participant's target award. The units remain subject to a time-based vesting schedule (vesting in one installment on December 31, 2026).
F3	The membership interests of the LLC that holds the securities (Hydralex Holdings LLC) are owned by trusts for the benefit of the reporting person's children and other beneficiaries including the reporting person. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F4	These performance restricted stock units were part of an award granted to the reporting person on May 11, 2021 pursuant to the reporting person's employment agreement and were conditioned on the attainment of pre-established performance criteria for 2024. The Issuer's compensation committee determined that the performance condition was attained with respect to the reporting person's target number of units after factoring in the amount of eligible carryover performance from prior years in excess of the target. The other tranches covered by the award previously met the vesting criteria (for 2022 and 2023).