Mathew Scot Ellis - 01 Jan 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Chief Financial Officer
Signature
/s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Issuer symbol
ACEL
Transactions as of
01 Jan 2023
Net transactions value
-$26,642
Form type
4
Filing time
04 Jan 2023, 17:48:47 UTC
Previous filing
19 Dec 2022
Next filing
16 Mar 2023
SEC
View on sec.gov

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 +10,000 +55% $0.000000 28,202 01 Jan 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $26,642 -3,460 -12% $7.70 24,742 01 Jan 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 -10,000 -33% $0.000000 20,000 01 Jan 2023 Class A-1 Common Stock 10,000 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.