Christen Kozlik - Dec 15, 2022 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Chief Accounting Officer
Signature
/s/ Derek Harmer, Attorney-in-fact for Christen Kozlik
Stock symbol
ACEL
Transactions as of
Dec 15, 2022
Transactions value $
$0
Form type
4
Date filed
12/19/2022, 07:53 PM
Previous filing
Nov 15, 2022
Next filing
May 21, 2024

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 +20K $0.00 20K Dec 15, 2022 Class A-1 Common Stock 20K Direct F1, F2
transaction ACEL Employee Stock Option (Right to Buy) Award $0 +20K $0.00 20K Dec 15, 2022 Class A-1 Common Stock 20K $7.80 Direct F3
* 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 December 15, 2024, and the remainder will vest in eight equal quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F3 1/4 of the total shares underlying the option will vest on December 15, 2024, and the remainder will vest in eight equal quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.