Mathew Scot Ellis - 14 Sep 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Signature
/s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Issuer symbol
ACEL
Transactions as of
14 Sep 2023
Net transactions value
-$4,929
Form type
4
Filing time
18 Sep 2023, 18:09:51 UTC
Previous filing
16 Jun 2023
Next filing
18 Dec 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 +796 +2.8% $0.000000 29,392 14 Sep 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $2,604 -234 -0.8% $11.13 29,158 14 Sep 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +737 +2.5% $0.000000 29,895 16 Sep 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $2,324 -216 -0.72% $10.76 29,679 16 Sep 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 -796 -9.1% $0.000000 7,961 14 Sep 2023 Class A-1 Common Stock 796 Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -737 -14% $0.000000 4,421 16 Sep 2023 Class A-1 Common Stock 737 Direct F1, F3
* 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.
F3 1/4 of the RSUs will vest on March 16, 2022, 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.