Mark T. Phelan - Mar 14, 2022 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
Mar 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 07:32 PM
Previous filing
Jan 14, 2022
Next filing
Apr 15, 2022

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 Unit (RSU) Award $0 +28.5K $0.00 28.5K Mar 14, 2022 Class A-1 Common Stock 28.5K Direct F1, F2
transaction ACEL Employee Stock Option (Right to Buy) Award $0 +28.5K $0.00 28.5K Mar 14, 2022 Class A-1 Common Stock 28.5K $12.71 Direct 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 ("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 March 14, 2023, 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 1/4 of the total shares underlying the option will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.