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

Role
Chief Accounting Officer
Signature
/s/ Derek Harmer, Attorney-in-fact for Christen Kozlik
Issuer symbol
ACEL
Transactions as of
15 Dec 2022
Net transactions value
$0
Form type
4
Filing time
19 Dec 2022, 19:53:17 UTC
Previous filing
15 Nov 2022
Next filing
21 May 2024
SEC
View on sec.gov

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 +20,000 $0.000000 20,000 15 Dec 2022 Class A-1 Common Stock 20,000 Direct F1, F2
transaction ACEL Employee Stock Option (Right to Buy) Award $0 +20,000 $0.000000 20,000 15 Dec 2022 Class A-1 Common Stock 20,000 $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.