Brian M. Carroll - 10 May 2021 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Chief Financial Officer
Signature
/s/ Derek Harmer, Attorney-in-Fact for Brian M. Carroll
Issuer symbol
ACEL
Transactions as of
10 May 2021
Net transactions value
+$40,297
Form type
4
Filing time
12 May 2021, 20:31:31 UTC
Next filing
02 Jun 2021
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 $40,297 +17,295 +7.3% $2.33* 254,947 10 May 2021 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 Employee Stock Option (right to buy) Options Exercise $0 -17,295 -17% $0.000000 85,836 10 May 2021 Class A-1 Common Stock 17,295 $2.33 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents unvested options that were converted into stock options exercisable for Class A-1 shares in connection with the transaction with TPG Pace Holdings Corp., which will vest in accordance with the vesting schedule as in effect prior to the transaction, such that 1/2 of the converted stock options will vest on May 9, 2020, and the remainder will vest on May 9, 2021, subject to the Reporting Person's continued service to the issuer on each vesting date.