Mathew Ellis - May 1, 2022 Form 3 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Chief Financial Officer
Signature
/s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Stock symbol
ACEL
Transactions as of
May 1, 2022
Transactions value $
$0
Form type
3
Date filed
5/16/2022, 06:16 PM
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ACEL Class A-1 Common Stock 16.6K May 1, 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
holding ACEL Restricted Stock Units (RSU) May 1, 2022 Class A-1 Common Stock 30K Direct F1, F2
holding ACEL Employee Stock Option (Right to Buy) May 1, 2022 Class A-1 Common Stock 30K $12.25 Direct F3
holding ACEL Restricted Stock Units (RSU) May 1, 2022 Class A-1 Common Stock 8.84K Direct F2, F4
holding ACEL Employee Stock Option (Right to Buy) May 1, 2022 Class A-1 Common Stock 11.8K $11.88 Direct F5
holding ACEL Restricted Stock Units (RSU) May 1, 2022 Class A-1 Common Stock 12.7K Direct F2, F6
holding ACEL Employee Stock Option (Right to Buy) May 1, 2022 Class A-1 Common Stock 12.4K $12.71 Direct F7
holding ACEL Restricted Stock Units (RSU) May 1, 2022 Class A-1 Common Stock 50K Direct F2, F8
holding ACEL Employee Stock Option (Right to Buy) May 1, 2022 Class A-1 Common Stock 50K $12.02 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/3 of the RSUs will vest on January 1, 2023, and the remainder will vest as to 1/3 of the total award annually thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F2 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.
F3 1/3 of the total shares underlying the option will vest on January 1, 2023, and the remainder will vest as to 1/3 of the total award annually thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F4 1/4 of the RSUs will vest on March 16, 2022, 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.
F5 1/4 of the total shares underlying the option will vest on March 16, 2022, 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.
F6 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.
F7 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 continuing service to the Issuer on each vesting date.
F8 1/4 of the RSUs will vest on April 28, 2024, and the remainder will vest as to 1/12 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F9 1/4 of the total shares underlying the option will vest on April 28, 2024, and the remainder will vest as to 1/12 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.