A. Lorne Weil - 30 Jun 2021 Form 4 Insider Report for Inspired Entertainment, Inc. (INSE)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Carys Damon, Attorney-in-Fact
Issuer symbol
INSE
Transactions as of
30 Jun 2021
Net transactions value
-$794,835
Form type
4
Filing time
02 Jul 2021, 17:00:40 UTC
Previous filing
23 Jun 2021
Next filing
26 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSE Common Stock Options Exercise $0 +130,388 +175% $0.000000 204,787 30 Jun 2021 Direct F1
transaction INSE Common Stock Tax liability $794,835 -62,340 -30% $12.75 142,447 30 Jun 2021 Direct F2
holding INSE Common Stock 476,308 30 Jun 2021 See Footnote 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 INSE Restricted Stock Units Options Exercise $0 -30,388 -25% $0.000000 91,167 30 Jun 2021 Common Stock 30,388 Direct F1, F4
transaction INSE Restricted Stock Units Options Exercise $0 -100,000 -100% $0.000000* 0 30 Jun 2021 Common Stock 100,000 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents conversion of restricted stock units into shares of common stock on a one-for-one basis.
F2 Represents shares withheld to satisfy tax withholding requirements for settlement of restricted stock units.
F3 Represents shares held by Hydra Industries Sponsor LLC (the "Hydra Sponsor"). Mr. Weil is the managing member of the Hydra Sponsor, whose membership interests are owned by Mr. Weil and Mr. Weil's children or trusts for their benefit. Mr. Weil has sole voting and dispositive power over the securities held by the Hydra Sponsor. Mr. Weil disclaims beneficial ownership over any securities owned by the Hydra Sponsor in which he does not have any pecuniary interest.
F4 These restricted stock units were granted on August 31, 2020. One-fourth of the units vested on June 30, 2021 and the balance is scheduled to vest in two installments, 30,389 units on December 31, 2021 and 60,778 units on December 31, 2022.
F5 These restricted stock units were granted on October 9, 2020. The units vested in one installment on June 30, 2021.