Michael Joseph Marino - 08 Mar 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
Issuer symbol
ACEL
Transactions as of
08 Mar 2020
Net transactions value
$0
Form type
4/A - Amendment
Filing time
16 Mar 2022, 19:35:07 UTC
Date Of Original Report
08 Mar 2020
Next filing
15 Jul 2021
SEC
View on sec.gov

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 +320,297 +50841% $0.000000 320,927 08 Mar 2020 Class A-1 Common Stock 320,297 Direct F1, F2, F3
transaction ACEL Employee Stock Option (Right to Buy) Award $0 +320,297 $0.000000 320,297 08 Mar 2020 Class A-1 Common Stock 320,297 $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.