Mathew Ellis - Jan 1, 2023 Form 4 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
Jan 1, 2023
Transactions value $
-$26,642
Form type
4
Date filed
1/4/2023, 05:48 PM
Previous filing
Dec 19, 2022
Next filing
Mar 16, 2023

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 +10K +54.94% $0.00 28.2K Jan 1, 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$26.6K -3.46K -12.27% $7.70 24.7K Jan 1, 2023 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 -10K -33.33% $0.00 20K Jan 1, 2023 Class A-1 Common Stock 10K 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 1/3 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.