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

Role
Secretary
Signature
/s/ Derek Harmer
Stock symbol
ACEL
Transactions as of
Dec 14, 2023
Transactions value $
-$31,500
Form type
4
Date filed
12/18/2023, 08:29 PM
Previous filing
Dec 7, 2023
Next filing
Dec 26, 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 +1.85K +0.98% $0.00 190K Dec 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$5.49K -541 -0.28% $10.15 190K Dec 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +2.02K +1.06% $0.00 192K Dec 16, 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$5.9K -593 -0.31% $9.95 191K Dec 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 Unit (RSU) Options Exercise $0 -1.85K -10% $0.00 16.6K Dec 14, 2023 Class A-1 Common Stock 1.85K Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise -$20.1K -2.02K -16.67% $9.95 10.1K Dec 16, 2023 Class A-1 Common Stock 2.02K 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.