Mark T. Phelan - 13 Apr 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role: Chief Revenue Officer
Signature: /s/ Derek Harmer, Attorney-in-fact for Mark T. Phelan
Issuer symbol: ACEL
Transactions as of: 13 Apr 2023
Net transactions value: -$2,501
Form type: 4
Filing time: 14 Apr 2023, 17:13:32 UTC
Previous filing: 16 Mar 2023
Next filing: 16 Jun 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	+1,018	+0.62%	$0.000000	164,304	13 Apr 2023	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$2,501	-276	-0.17%	$9.06	164,028	13 Apr 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	-1,018	-17%	$0.000000	5,094	13 Apr 2023	Class A-1 Common Stock	1,018		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	1/4 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.