Michael Joseph Marino - Jul 13, 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
Stock symbol: ACEL
Transactions as of: Jul 13, 2022
Transactions value $: -$22,984
Form type: 4
Date filed: 7/15/2022, 05:23 PM
Previous filing: Jun 17, 2022

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	+4.73K	+3.92%	$0.00	126K	Jul 13, 2022	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	-$23K	-2.15K	-1.71%	$10.70	123K	Jul 14, 2022	Direct	F1

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	-4.73K	-11.11%	$0.00	37.9K	Jul 13, 2022	Class A-1 Common Stock	4.73K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.70 to $10.86, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
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	1/4 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.