Phelan Mark T. - 13 Apr 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
Issuer symbol: ACEL
Transactions as of: 13 Apr 2022
Net transactions value: -$3,922
Form type: 4
Filing time: 15 Apr 2022, 16:21:10 UTC
Previous filing: 16 Mar 2022
Next filing: 15 Jul 2022
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	+1,018	+0.84%	$0.000000	121,737	13 Apr 2022	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$3,922	-314	-0.26%	$12.49	121,423	14 Apr 2022	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	-1,018	-10%	$0.000000	9,169	13 Apr 2022	Class A-1 Common Stock	1,018		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.