Andrew C. Stone - 31 Mar 2022 Form 4 Insider Report for Inspired Entertainment, Inc. (INSE)

Role
Title: Interim Principal Financial and Accounting Officer (until March 31, 2022)
Signature
/s/ Carys Damon, Attorney-in-Fact
Issuer symbol
INSE
Transactions as of
31 Mar 2022
Net transactions value
-$28,905
Form type
4
Filing time
01 Apr 2022, 19:15:33 UTC
Previous filing
11 Mar 2022
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 +5,000 +64% $0.000000 12,871 31 Mar 2022 Direct F1
transaction INSE Common Stock Tax liability $28,905 -2,350 -18% $12.30 10,521 31 Mar 2022 Direct F2

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 -5,000 -100% $0.000000* 0 31 Mar 2022 Common Stock 5,000 Direct F1, F3
transaction INSE Performance Restricted Stock Units Award $0 +3,282 $0.000000 3,282 31 Mar 2022 Common Stock 3,282 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Andrew C. Stone is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 These restricted stock units were granted on March 22, 2021. The units vested in one installment on March 31, 2022.
F4 The Issuer's compensation committee determined that the pre-established performance condition for 2021 was attained with respect to 3,282 performance restricted stock units granted to the reporting person on June 09, 2021, representing the reporting person's target award.
F5 Each unit represents a contingent right to receive one share of common stock at settlement.
F6 The units remain subject to a time-based vesting schedule (vesting in one installment on December 31, 2023).

Remarks:

Title: Interim Principal Financial and Accounting Officer (until March 31, 2022)