Michael Joseph Marino - Mar 8, 2020 Form 4/A - Amendment Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Chief Commerical Officer
Signature
/s/ Derek Harmer as attorney-in-fact for Michael Joseph Marino
Stock symbol
ACEL
Transactions as of
Mar 8, 2020
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/16/2022, 07:35 PM
Date Of Original Report
Mar 8, 2020
Next filing
Jul 15, 2021

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) Award $0 +320K +50840.79% $0.00 321K Mar 8, 2020 Class A-1 Common Stock 320K Direct F1, F2, F3
transaction ACEL Employee Stock Option (Right to Buy) Award $0 +320K $0.00 320K Mar 8, 2020 Class A-1 Common Stock 320K $10.78 Direct F3, F4, F5
* 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 8, 2022, and the remainder will vest as to 1/12 of the remaining award quarterly thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F3 On March 13, 2020, the Reporting Person filed a Form 4 that inadvertently reported that he beneficially owned 320,927 restricted stock units and 320,927 employee stock options when he in fact beneficially owned 320,297 restricted stock units and 320,297 employee stock options.
F4 On March 13, 2020, the Reporting Person filed a Form 4 that inadvertently reported that he was granted 320,927 employee stock options when he was in fact granted 320,297 employee stock options.
F5 1/4 of the total shares underlying the option will vest on March 8, 2022, and the remainder will vest as to 1/12 of the remaining shares quarterly thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.