Mathew Scot Ellis - 14 Dec 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 Dec 2023
Net transactions value
-$4,524
Form type
4
Filing time
18 Dec 2023, 20:28:55 UTC
Previous filing
18 Sep 2023
Next filing
09 Feb 2024

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 +2.7% $0.000000 30,475 14 Dec 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $2,375 -234 -0.77% $10.15 30,241 14 Dec 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +737 +2.4% $0.000000 30,978 16 Dec 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability $2,149 -216 -0.7% $9.95 30,762 16 Dec 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 -10% $0.000000 7,165 14 Dec 2023 Class A-1 Common Stock 796 Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -737 -17% $0.000000 3,684 16 Dec 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.