Mathew Ellis - Jan 1, 2024 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Signature
/s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Stock symbol
ACEL
Transactions as of
Jan 1, 2024
Transactions value $
-$35,534
Form type
4
Date filed
1/3/2024, 07:34 PM
Previous filing
Feb 9, 2024
Next filing
Mar 18, 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 +10K +32.51% $0.00 40.8K Jan 1, 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$35.5K -3.46K -8.49% $10.27 37.3K Jan 1, 2024 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 -10K -50% $0.00 10K Jan 1, 2024 Class A-1 Common Stock 10K Direct F1, F2
* 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 1/3 of the RSUs will vest on January 1, 2023, and the remainder will vest as to 1/3 of the total award annually thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.