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

Role
Secretary
Signature
/s/ Derek Harmer
Issuer symbol
ACEL
Transactions as of
14 Sep 2023
Net transactions value
-$123,313
Form type
4
Filing time
18 Sep 2023, 18:11:41 UTC
Previous filing
25 Aug 2023
Next filing
17 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 +1,847 +1% $0.000000 182,770 14 Sep 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $6,032 -542 -0.3% $11.13 182,228 14 Sep 2023 Direct
transaction ACEL Class A-1 Common Stock Sale $110,900 -10,000 -5.5% $11.09 172,228 15 Sep 2023 Direct F1
transaction ACEL Class A-1 Common Stock Options Exercise $0 +2,021 +1.2% $0.000000 174,249 16 Sep 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $6,381 -593 -0.34% $10.76 173,656 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 -1,847 -9.1% $0.000000 18,464 14 Sep 2023 Class A-1 Common Stock 1,847 Direct F2, F3
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -2,021 -14% $0.000000 12,126 16 Sep 2023 Class A-1 Common Stock 2,021 Direct F2, F4
* 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 December 14, 2022.
F2 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.
F3 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.
F4 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.