Gordon Rubenstein - Jun 7, 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Director
Signature
/s/ Derek Harmer, Attorney-in-fact for Gordon Rubenstein
Stock symbol
ACEL
Transactions as of
Jun 7, 2023
Transactions value $
-$1,402,668
Form type
4
Date filed
6/9/2023, 05:34 PM
Previous filing
Jun 5, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACEL Class A-1 Common Stock Sale -$315K -31.5K -1.84% $10.02 1.68M Jun 7, 2023 See Footnote F1, F2, F3
transaction ACEL Class A-1 Common Stock Sale -$1M -100K -32.76% $10.01* 205K Jun 7, 2023 See Footnote F4, F5, F6
transaction ACEL Class A-1 Common Stock Sale -$86.7K -8.67K -0.52% $10.01 1.67M Jun 8, 2023 See Footnote F1, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.06, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3 Securities are held by Fund Indy LLC, of which the Reporting Person is the sole Member. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2022.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.055, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F6 Securities are held by the Gordon Rubenstein and Krista M. Ramonas Joint Revocable Trust, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.