Michael Rumbolz - Jul 1, 2021 Form 4 Insider Report for Everi Holdings Inc. (EVRI)

Signature
/s/ Michael D. Rumbolz by Todd A. Valli, Attorney-in-Fact
Stock symbol
EVRI
Transactions as of
Jul 1, 2021
Transactions value $
-$897,304
Form type
4
Date filed
7/1/2021, 09:12 PM
Previous filing
Jun 29, 2021
Next filing
Jul 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVRI Common Stock Options Exercise $387K +50K +8.06% $7.74 670K Jul 1, 2021 Direct F1
transaction EVRI Common Stock Sale -$1.28M -50K -7.46% $25.56 620K Jul 1, 2021 Direct F1, F2
transaction EVRI Common Stock Options Exercise $0 +624 +0.1% $0.00 621K Jul 1, 2021 Direct F3
transaction EVRI Common Stock Tax liability -$6.3K -245 -0.04% $25.73 621K Jul 1, 2021 Direct F4

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 EVRI Stock Option Options Exercise $0 -50K -100% $0.00* 0 Jul 1, 2021 Common Stock 50K $7.74 Direct F5
transaction EVRI Restricted Stock Units Options Exercise $0 -624 -9.99% $0.00 5.62K Jul 1, 2021 Common Stock 624 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction(s) reflected in this Form 4 were effected pursuant to a 10b5-1 plan adopted by the reporting person on May 20, 2021 for options originally granted on April 22, 2015.
F2 The price reported in Column 4 of Table I is a weighted average price. The shares were sold in multiple transactions at a price ranging from $24.99 to $25.84. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock.
F4 Represents the withholding by the Company of shares of common stock, acquired upon the vesting of restricted stock units, to satisfy the statutory tax obligation applicable to such transactions with the withheld shares being included in treasury stock.
F5 Represents an option to purchase 50,000 shares of the Company's common stock, which vested in equal annual installments over a period of four years following the date of grant.
F6 Represents restricted stock units to acquire shares of the Company's common stock that vest in equal monthly installments over a period of two years following the date of grant of April 1, 2020.