Michael Joseph Marino - 13 Apr 2022 Form 4 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
13 Apr 2022
Net transactions value
-$26,554
Form type
4
Filing time
15 Apr 2022, 16:21:33 UTC
Previous filing
18 Mar 2022
Next filing
10 Jun 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 +4,731 +4.5% $0.000000 110,343 13 Apr 2022 Direct
transaction ACEL Class A-1 Common Stock Tax liability $26,554 -2,126 -1.9% $12.49 108,217 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 -4,731 -10% $0.000000 42,581 13 Apr 2022 Class A-1 Common Stock 4,731 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.