Carys Damon - 29 Dec 2023 Form 4 Insider Report for Inspired Entertainment, Inc. (INSE)

Signature
/s/ Carys Damon
Issuer symbol
INSE
Transactions as of
29 Dec 2023
Net transactions value
-$183,906
Form type
4
Filing time
03 Jan 2024, 18:06:43 UTC
Previous filing
20 Mar 2023
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSE Common Stock Options Exercise +39,603 +57% 109,387 29 Dec 2023 Direct F1
transaction INSE Common Stock Tax liability $183,906 -18,614 -17% $9.88 90,773 29 Dec 2023 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 -7,744 -100% $0.000000* 0 29 Dec 2023 Common Stock 7,744 Direct F1, F3
transaction INSE Performance Restricted Stock Units Options Exercise $0 -23,230 -100% $0.000000* 0 29 Dec 2023 Common Stock 23,230 Direct F1, F4
transaction INSE Restricted Stock Units Options Exercise $0 -4,407 -50% $0.000000 4,408 29 Dec 2023 Common Stock 4,407 Direct F1, F5
transaction INSE Restricted Stock Units Options Exercise $0 -4,222 -33% $0.000000 8,445 29 Dec 2023 Common Stock 4,222 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of common stock on a one-for-one basis.
F2 Represents common stock withheld to satisfy applicable tax withholding requirements in connection with the vesting of restricted stock units.
F3 These restricted stock units were granted on June 9, 2021. One-third of the units vested on each of December 31, 2021, December 30, 2022 and December 29, 2023.
F4 These performance restricted stock units were granted on June 9, 2021. The award was conditioned on attainment of pre-established performance criteria for 2021 and a time-based vesting schedule (vesting in one installment on December 29, 2023).
F5 These restricted stock units were granted on February 14, 2022. One-third of the units vested on each of December 30, 2022 and December 29, 2023 and the balance is scheduled to vest on December 31, 2024.
F6 These restricted stock units were granted on February 14, 2023. One-third of the units vested on December 29, 2023 and the balance is scheduled to vest in two equal installments on December 31, 2024 and December 31, 2025.