Lorne A. Weil - Mar 16, 2023 Form 4 Insider Report for Inspired Entertainment, Inc. (INSE)

Role
Executive Chairman, Director
Signature
/s/ Carys Damon, Attorney-in-Fact
Stock symbol
INSE
Transactions as of
Mar 16, 2023
Transactions value $
$0
Form type
4
Date filed
3/20/2023, 06:08 PM
Previous filing
Feb 16, 2023
Next filing
May 11, 2023

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 Performance Restricted Stock Units Award $0 +25.1K $0.00 25.1K Mar 16, 2023 Common Stock 25.1K Direct F1, F2, F3
transaction INSE Performance Restricted Stock Units Award $0 +62.5K +50% $0.00 188K Mar 16, 2023 Common Stock 62.5K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's compensation committee determined that the pre-established performance condition for 2022 was attained with respect to 25,117 performance restricted stock units granted to the reporting person on February 14, 2022, representing the reporting person's target award.
F2 Each unit represents a contingent right to receive one share of common stock at settlement.
F3 The units remain subject to a time-based vesting schedule (vesting in one installment on December 31, 2024).
F4 The Issuer's compensation committee determined that the pre-established performance condition for 2022 was attained with respect to 62,500 performance restricted stock units covered by an award granted to the reporting person on May 11, 2021, representing the reporting person's target number of units. There are two remaining tranches covered by the award (each in the amount of 62,500 target units) which are conditioned on attainment of pre-established performance criteria for 2023 and 2024.