Gordon Rubenstein - Nov 16, 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Director
Signature
/s/ Derek Harmer, Attorney-in-fact for Gordon Rubenstein
Stock symbol
ACEL
Transactions as of
Nov 16, 2023
Transactions value $
-$3,336,439
Form type
4
Date filed
11/20/2023, 06:57 PM
Previous filing
Aug 8, 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 Sale -$545K -51.4K -3.23% $10.60 1.54M Nov 16, 2023 See Footnote F1, F2
transaction ACEL Class A-1 Common Stock Sale -$732K -69.7K -4.52% $10.50 1.47M Nov 17, 2023 See Footnote F2, F3
transaction ACEL Class A-1 Common Stock Sale -$302K -28.9K -1.96% $10.46 1.44M Nov 20, 2023 See Footnote F2, F4
transaction ACEL Class A-1 Common Stock Sale -$635K -60K -35.89% $10.58 107K Nov 16, 2023 See Footnote F5, F6
transaction ACEL Class A-1 Common Stock Sale -$630K -60K -55.98% $10.50 47.2K Nov 17, 2023 See Footnote F6, F7
transaction ACEL Class A-1 Common Stock Sale -$492K -47.2K -100% $10.42 0 Nov 20, 2023 See Footnote F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.53 to $10.76, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2 Securities are held by Fund Indy LLC, of which the Reporting Person is the sole Member. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.45 to $10.66, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.33 to $10.59, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.53 to $10.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F6 Securities are held by the Gordon Rubenstein and Krista M. Ramonas Joint Revocable Trust, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.45 to $10.60, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.34 to $10.57, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.