Derek Harmer - 01 Jan 2024 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Secretary
Signature
/s/ Derek Harmer
Issuer symbol
ACEL
Transactions as of
01 Jan 2024
Net transactions value
-$49,748
Form type
4
Filing time
03 Jan 2024, 19:35:39 UTC
Previous filing
26 Dec 2023
Next filing
16 Jan 2024
SEC
View on sec.gov

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 +14,000 +7.7% $0.000000 195,230 01 Jan 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability $49,748 -4,844 -2.5% $10.27 190,386 01 Jan 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 -14,000 -50% $0.000000 14,000 01 Jan 2024 Class A-1 Common Stock 14,000 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.