Andrew H. Rubenstein - 14 Sep 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
CEO and President, Director, 10%+ Owner
Signature
/s/ Derek Harmer, Attorney-in-Fact for Andrew Rubenstein
Issuer symbol
ACEL
Transactions as of
14 Sep 2023
Net transactions value
$0
Form type
4
Filing time
18 Sep 2023, 18:10:24 UTC
Previous filing
15 Sep 2023
Next filing
04 Oct 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 +6,958 +0.16% $0.000000 4,228,473 14 Sep 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +5,614 +0.13% $0.000000 4,234,087 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 Unit (RSU) Options Exercise $0 -6,958 -9.1% $0.000000 69,577 14 Sep 2023 Class A-1 Common Stock 6,958 Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -5,614 -14% $0.000000 33,682 16 Sep 2023 Class A-1 Common Stock 5,614 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 continued service to the Issuer on each vesting date.