Dean A. Ehrlich - May 19, 2024 Form 4 Insider Report for Everi Holdings Inc. (EVRI)

Role
EVP, Games Business Leader
Signature
/s/ Dean A. Ehrlich by Todd A. Valli, Attorney-in-Fact
Stock symbol
EVRI
Transactions as of
May 19, 2024
Transactions value $
-$101,266
Form type
4
Date filed
5/21/2024, 08:30 PM
Previous filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVRI Common Stock Award $0 +28.2K +17.23% $0.00 192K May 19, 2024 Direct F1
transaction EVRI Common Stock Options Exercise $0 +6.57K +3.42% $0.00 198K May 19, 2024 Direct F2
transaction EVRI Common Stock Sale -$19.1K -2.61K -1.32% $7.32 196K May 20, 2024 Direct F3, F4
transaction EVRI Common Stock Sale -$82.1K -11.1K -5.69% $7.37 185K May 21, 2024 Direct F5, F6

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 -6.57K -100% $0.00* 0 May 19, 2024 Common Stock 6.57K Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock acquired for performance stock units that vested related to the achievement of certain criteria and upon the third anniversary following the date of grant of May 19, 2021.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 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.
F4 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 3.
F5 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 performance 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.
F6 Represents the sale of shares of common stock initially acquired upon the settlement of performance 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 5.
F7 Represents an original award of 19,700 restricted stock units to acquire shares of the Company's common stock that vested in equal installments on each of the first three anniversary dates following the date of grant of May 19, 2021.