Andrew Rubenstein - Dec 14, 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
Stock symbol
ACEL
Transactions as of
Dec 14, 2023
Transactions value $
$0
Form type
4
Date filed
12/18/2023, 08:30 PM
Previous filing
Dec 5, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACEL Class A-1 Common Stock Gift $0 -17.7K -0.42% $0.00 4.16M Dec 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +6.96K +0.17% $0.00 4.17M Dec 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Gift $0 -360 -0.01% $0.00 4.17M Dec 15, 2023 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +5.61K +0.13% $0.00 4.18M 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 -6.96K -10% $0.00 62.6K Dec 14, 2023 Class A-1 Common Stock 6.96K Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -5.61K -16.66% $0.00 28.1K Dec 16, 2023 Class A-1 Common Stock 5.61K 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.