Michael D. Rumbolz - May 10, 2024 Form 4 Insider Report for Everi Holdings Inc. (EVRI)

Signature
/s/ Michael Rumbolz by Todd A. Valli, Attorney-in-Fact
Stock symbol
EVRI
Transactions as of
May 10, 2024
Transactions value $
-$38,304
Form type
4
Date filed
5/14/2024, 09:04 PM
Previous filing
May 2, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVRI Common Stock Options Exercise $0 +12.5K +1.16% $0.00 1.09M May 10, 2024 Direct F1
transaction EVRI Common Stock Sale -$38.3K -5.04K -0.46% $7.60 1.08M May 14, 2024 Direct F2, F3

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 Restricted Stock Units Options Exercise $0 -12.5K -100% $0.00* 0 May 10, 2024 Common Stock 12.5K 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 represents a contingent right to receive one share of common stock.
F2 The transaction reported on this line item on Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of restricted stock units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction. The settlement of the restricted stock units, which occurred on May 10, 2024, was deferred to align with the Issuer's quarterly open trading window.
F3 Represents the sale of shares of common stock initially acquired upon the settlement of restricted stock units and which were subsequently sold to satisfy the statutory tax obligation applicable to such settlement, in accordance with the Issuer's mandatory "sell to cover" policy" as described in footnote 2.
F4 Represents an original award of 12,500 restricted stock units to acquire shares of the Company's common stock that fully vested on the first anniversary following the date of grant of May 2, 2023.