Mark T. Phelan - Jul 13, 2021 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Chief Revenue Officer
Signature
/s/ Derek Harmer, Attorney-in-fact for Mark T. Phelan
Stock symbol
ACEL
Transactions as of
Jul 13, 2021
Transactions value $
-$13,974
Form type
4
Date filed
7/15/2021, 06:30 PM
Previous filing
Jun 2, 2021
Next filing
Oct 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACEL Class A-1 Common Stock Options Exercise $0 +4.08K +4.69% $0.00 90.9K Jul 13, 2021 Direct F1
transaction ACEL Class A-1 Common Stock Options Exercise $99.9K +29.6K +32.59% $3.37 121K Jul 13, 2021 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $126 +24 +0.02% $5.24 121K Jul 13, 2021 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$13.8K -1.23K -1.02% $11.23 119K Jul 15, 2021 Direct

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 ACEL Restricted Stock Units (RSU) Options Exercise $0 -4.08K -25% $0.00 12.2K Jul 13, 2021 Class A-1 Common Stock 4.08K Direct F1, F2
transaction ACEL Employee Stock Option (Right to Buy) Options Exercise -$99.9K -29.6K -41.05% $3.37 42.6K Jul 13, 2021 Class A-1 Common Stock 29.6K $3.37 Direct F3
transaction ACEL Employee Stock Option (Right to Buy) Options Exercise -$266 -24 -0.23% $11.10 10.3K Jul 13, 2021 Class A-1 Common Stock 24 $5.24 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.
F2 1/4 of the RSUs will vest on July 13, 2021, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F3 Represents unvested options that were converted into stock options exercisable for Class A-1 shares in connection with the transaction with TPG Pace Holdings Corp., which will vest in accordance with the vesting schedule as in effect prior to the transaction, such that 1/3 of the total award will vest on June 28, 2020, and the remainder will vest as to 1/3 of the total award annually thereafter, subject to the Reporting Person's continued service to the issuer on each vesting date.
F4 Represents unvested options that were converted into stock options exercisable for Class A-1 shares in connection with the transaction with TPG Pace Holdings Corp., which will vest in accordance with the vesting schedule as in effect prior to the transaction, such that 1/4 of the total award will vest on December 11, 2020, and the remainder will vest as to 1/4 of the total award annually thereafter, subject to the Reporting Person's continued service to the issuer on each vesting date.