Mark T. Phelan - 14 Jun 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
14 Jun 2023
Net transactions value
-$5,110
Form type
4
Filing time
16 Jun 2023, 17:52:44 UTC
Previous filing
14 Apr 2023
Next filing
17 Jul 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 +1,784 +1.1% $0.000000 165,812 14 Jun 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $5,110 -523 -0.32% $9.77 165,289 14 Jun 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 Unit (RSU) Options Exercise $0 -1,784 -8.3% $0.000000 19,624 14 Jun 2023 Class A-1 Common Stock 1,784 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 March 14, 2023, 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.