Andrew H. Rubenstein - 14 Mar 2024 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
Issuer symbol
ACEL
Transactions as of
14 Mar 2024
Net transactions value
-$210,180
Form type
4
Filing time
18 Mar 2024, 20:51:48 UTC
Previous filing
16 Jan 2024
Next filing
16 Apr 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 +6,958 +0.16% $0.000000 4,227,227 14 Mar 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability $34,224 -3,034 -0.07% $11.28 4,224,193 14 Mar 2024 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +30,132 +0.71% $0.000000 4,254,325 14 Mar 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability $148,197 -13,138 -0.31% $11.28 4,241,187 14 Mar 2024 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +5,614 +0.13% $0.000000 4,246,801 16 Mar 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability $27,760 -2,448 -0.06% $11.34 4,244,353 16 Mar 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 Unit (RSU) Options Exercise $0 -6,958 -11% $0.000000 55,661 14 Mar 2024 Class A-1 Common Stock 6,958 Direct F1, F2
transaction ACEL Restricted Stock Unit (RSU) Options Exercise $0 -30,132 -33% $0.000000 60,264 14 Mar 2024 Class A-1 Common Stock 30,132 Direct F1, F3
transaction ACEL Restricted Stock Unit (RSU) Award $0 +80,505 $0.000000 80,505 15 Mar 2024 Class A-1 Common Stock 80,505 Direct F1, F3
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -5,614 -20% $0.000000 22,455 16 Mar 2024 Class A-1 Common Stock 5,614 Direct F1, F4
* 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 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.
F4 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.