Mark F. Labay - Aug 8, 2024 Form 4 Insider Report for Everi Holdings Inc. (EVRI)

Role
EVP, CFO
Signature
/s/ Mark F. Labay by Todd A. Valli, Attorney-in-Fact
Stock symbol
EVRI
Transactions as of
Aug 8, 2024
Transactions value $
-$137,853
Form type
4
Date filed
8/12/2024, 08:47 PM
Previous filing
May 14, 2024
Next filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVRI Common Stock Award $0 +35.2K +22.05% $0.00 195K Aug 8, 2024 Direct F1, F2
transaction EVRI Common Stock Options Exercise $0 +8.2K +4.21% $0.00 203K Aug 8, 2024 Direct F2, F3
transaction EVRI Common Stock Sale -$112K -8.63K -4.25% $12.95 194K Aug 9, 2024 Direct F4
transaction EVRI Common Stock Sale -$26K -2.01K -1.03% $12.95 192K Aug 9, 2024 Direct F5

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 -8.2K -100% $0.00* 0 Aug 8, 2024 Common Stock 8.2K Direct F2, F6
* 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. The release of these awards, which occurred on August 8, 2024, was deferred due to the possession of material non-public information, together with the tax election funded by a "sell to cover" transaction, as described in footnote 4, by the Reporting Person and to align with the Issuer's quarterly open trading window.
F2 Each restricted stock unit and/or performance stock unit, as applicable, represents a contingent right to receive one share of common stock.
F3 Represents common stock acquired for restricted stock units that vested upon the third anniversary following the date of grant of May 19, 2021. The release of these awards, which occurred on August 8, 2024, was deferred due to the possession of material non-public information, together with the tax election funded by a "sell to cover" transaction, as described in footnote 5, by the Reporting Person and to align with the Issuer's quarterly open trading window.
F4 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.
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 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.
F6 Represents 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. The release of these awards, which occurred on August 8, 2024, was deferred due to material non-public information and to align with the Issuer's quarterly open trading window.