Daniel B. Silvers - 31 Dec 2021 Form 4 Insider Report for Inspired Entertainment, Inc. (INSE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Jan 2022, 20:04:16 UTC
Prior SEC filing
01 Jul 2021
Next SEC filing
16 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carys Damon, Attorney-in-Fact

Key filing fact

Daniel B. Silvers filed Form 4 for Inspired Entertainment, Inc. (INSE) on 04 Jan 2022.

Key facts

  • This page summarizes Daniel B. Silvers's Form 4 filing for Inspired Entertainment, Inc. (INSE).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 04 Jan 2022, 20:04.

Change

  • Previous filing in this sequence was filed on 01 Jul 2021.
  • Current net transaction value: -$531,399.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INSE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+81,322
Change %
+146%
Price
$0.000000
Shares after
137,166
Date
31 Dec 2021
Ownership
Direct
Footnotes
F1
INSE transaction

Common Stock

Tax liability

Transaction value
$531,399
Shares
-41,003
Change %
-30%
Price
$12.96
Shares after
96,163
Date
31 Dec 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INSE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-30,910
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,910
Exercise price
Footnotes
F1, F3
INSE transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-25,647
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,647
Exercise price
Footnotes
F1, F4
INSE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-15,599
Change %
-33%
Price
$0.000000
Shares after
31,200
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,599
Exercise price
Footnotes
F1, F5
INSE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-9,166
Change %
-33%
Price
$0.000000
Shares after
18,334
Date
31 Dec 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,166
Exercise price
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents conversion of restricted stock units into shares of common stock on a one-for-one basis.

Footnote F2

Represents shares withheld to satisfy tax withholding requirements for settlement of restricted stock units.

Footnote F3

These restricted stock units were approved by the Issuer's compensation committee subject to stockholder approval which was obtained on May 14, 2019. One-third of the units vested on each of December 31, 2019, December 31, 2020 and December 31, 2021.

Footnote F4

These performance restricted stock units were approved by the Issuer's compensation committee subject to stockholder approval which was obtained on May 14, 2019. The award was conditioned on attainment of pre-established performance criteria for 2019 and a time-based vesting schedule (vesting in one installment on December 31, 2021). On March 26, 2020, the Issuer's compensation committee determined that the performance condition was attained with respect to 25,647 units, representing approximately 87% of the reporting person's target award.

Footnote F5

These restricted stock units were granted on August 31, 2020. One-fourth of the units vested on each of June 30, 2021 and December 31, 2021 and the balance is scheduled to vest on December 31, 2022.

Footnote F6

These restricted stock units were granted on June 9, 2021. One-third of the units vested on December 31, 2021 and the balance is scheduled to vest in two equal installments on December 31, 2022 and December 31, 2023.

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