Ryan Hammer - Jul 13, 2021 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role: President, Gaming Operations
Signature: /s/ Derek Harmer as attorney-in-fact for Ryan Hammer
Stock symbol: ACEL
Transactions as of: Jul 13, 2021
Transactions value $: -$33,135
Form type: 4
Date filed: 7/15/2021, 06:33 PM

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	+9.88K		$0.00	9.88K	Jul 13, 2021	Direct	F1
transaction	ACEL	Class A-1 Common Stock	Tax liability	-$33.1K	-2.95K	-29.88%	$11.23	6.92K	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	-9.88K	-25%	$0.00	29.6K	Jul 13, 2021	Class A-1 Common Stock	9.88K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit converts into 1 share of the Issuer's Class A-1 Common Stock on a one-for-one basis.
F2	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.
F3	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.