Brian M. Carroll - 13 Jul 2021 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Signature
/s/ Derek Harmer, Attorney-in-fact for Brian M. Carroll
Issuer symbol
ACEL
Transactions as of
13 Jul 2021
Net transactions value
-$14,619
Form type
4
Filing time
15 Jul 2021, 18:34:40 UTC
Previous filing
02 Jun 2021
Next filing
12 Aug 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 +4,425 +1.5% $0.000000 304,372 13 Jul 2021 Direct F1
transaction ACEL Class A-1 Common Stock Tax liability $14,619 -1,302 -0.43% $11.23 303,070 15 Jul 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 -4,425 -25% $0.000000 13,275 13 Jul 2021 Class A-1 Common Stock 4,425 Direct F1, F2
* 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.