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

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Carys Damon, Attorney-in-Fact
Stock symbol
INSE
Transactions as of
Jun 30, 2021
Transactions value $
-$794,835
Form type
4
Date filed
7/2/2021, 05:00 PM
Previous filing
Jun 23, 2021
Next filing
Nov 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSE Common Stock Options Exercise $0 +130K +175.26% $0.00 205K Jun 30, 2021 Direct F1
transaction INSE Common Stock Tax liability -$795K -62.3K -30.44% $12.75 142K Jun 30, 2021 Direct F2
holding INSE Common Stock 476K Jun 30, 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 -30.4K -25% $0.00 91.2K Jun 30, 2021 Common Stock 30.4K Direct F1, F4
transaction INSE Restricted Stock Units Options Exercise $0 -100K -100% $0.00* 0 Jun 30, 2021 Common Stock 100K 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.