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

Signature
/s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Stock symbol
ACEL
Transactions as of
Sep 14, 2023
Transactions value $
-$4,929
Form type
4
Date filed
9/18/2023, 06:09 PM
Previous filing
Jun 16, 2023
Next filing
Dec 18, 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 +2.78% $0.00 29.4K Sep 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$2.6K -234 -0.8% $11.13 29.2K Sep 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +737 +2.53% $0.00 29.9K Sep 16, 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$2.32K -216 -0.72% $10.76 29.7K Sep 16, 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 -9.09% $0.00 7.96K Sep 14, 2023 Class A-1 Common Stock 796 Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -737 -14.29% $0.00 4.42K Sep 16, 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.