Mathew Scot Ellis - 14 Mar 2024 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role: Chief Financial Officer
Signature: /s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Issuer symbol: ACEL
Transactions as of: 14 Mar 2024
Net transactions value: -$26,882
Form type: 4
Filing time: 18 Mar 2024, 20:52:34 UTC
Previous filing: 03 Jan 2024
Next filing: 29 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	+796	+2.1%	$0.000000	38,098	14 Mar 2024	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$2,640	-234	-0.61%	$11.28	37,864	14 Mar 2024	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+6,591	+17%	$0.000000	44,455	14 Mar 2024	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$21,793	-1,932	-4.3%	$11.28	42,523	14 Mar 2024	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+737	+1.7%	$0.000000	43,260	16 Mar 2024	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$2,449	-216	-0.5%	$11.34	43,044	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 Units (RSU)	Options Exercise	$0	-796	-11%	$0.000000	6,369	14 Mar 2024	Class A-1 Common Stock	796		Direct	F1, F2
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise	$0	-6,591	-33%	$0.000000	13,183	14 Mar 2024	Class A-1 Common Stock	6,591		Direct	F1, F3
transaction	ACEL	Restricted Stock Unit (RSU)	Award	$0	+16,754		$0.000000	16,754	15 Mar 2024	Class A-1 Common Stock	16,754		Direct	F1, F3
transaction	ACEL	Restricted Stock Units (RSU)	Options Exercise	$0	-737	-20%	$0.000000	2,947	16 Mar 2024	Class A-1 Common Stock	737		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 continuing service to the Issuer on each vesting date.