Mathew Ellis - Dec 31, 2023 Form 5 Insider Report for Accel Entertainment, Inc. (ACEL)

Role: Chief Financial Officer
Signature: /s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Stock symbol: ACEL
Transactions as of: Dec 31, 2023
Transactions value $: $0
Form type: 5
Date filed: 2/9/2024, 05:36 PM
Previous filing: Dec 18, 2023
Next filing: Jan 3, 2024

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
holding	ACEL	Class A-2 Common Stock						518	Dec 31, 2023	Class A-1 Common Stock	0		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person owned 518 shares of the Issuer's Class A-2 Common Stock on May 1, 2022, the date on with the Reporting Person became an executive officer of the Company. The Issuer's Class A-2 Common Stock will automatically convert into an equal number of the Issuer's Class A-1 Common Stock in three separate tranches, with no action required of the holder thereof, upon the satisfaction of certain predetermined stock price or earnings thresholds as set forth in the Restricted Stock Agreement dated as of November 20, 2019, by and among the Issuer, the Reporting Person and the other persons party thereto. The first stock price threshold was achieved on January 14, 2020. The Class A-2 Common Stock has no expiration date.

Content

The Reporting Person owned 518 shares of the Issuer's Class A-2 Common Stock on May 1, 2022, the date on with the Reporting Person became an executive officer of the Company. The Issuer's Class A-2 Common Stock will automatically convert into an equal number of the Issuer's Class A-1 Common Stock in three separate tranches, with no action required of the holder thereof, upon the satisfaction of certain predetermined stock price or earnings thresholds as set forth in the Restricted Stock Agreement dated as of November 20, 2019, by and among the Issuer, the Reporting Person and the other persons party thereto. The first stock price threshold was achieved on January 14, 2020. The Class A-2 Common Stock has no expiration date.