Andrew H. Rubenstein - 13 Oct 2021 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
CEO and President, Director
Signature
/s/ Derek Harmer, Attorney-in-fact for Andrew H. Rubenstein
Issuer symbol
ACEL
Transactions as of
13 Oct 2021
Net transactions value
-$40,356
Form type
4
Filing time
15 Oct 2021, 20:14:18 UTC
Previous filing
17 Sep 2021
Next filing
12 Nov 2021
SEC
View on sec.gov

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 +7,488 +0.17% $0.000000 4,334,348 13 Oct 2021 Direct F1
transaction ACEL Class A-1 Common Stock Tax liability $40,356 -3,363 -0.08% $12.00 4,330,985 14 Oct 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 -7,488 -8.3% $0.000000 82,362 13 Oct 2021 Class A-1 Common Stock 7,488 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.