Andrew H. Rubenstein - 13 Apr 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
13 Apr 2024
Net transactions value
-$35,948
Form type
4
Filing time
16 Apr 2024, 21:04:45 UTC
Previous filing
18 Mar 2024
Next filing
23 May 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 +7,488 +0.18% $0.000000 4,251,841 13 Apr 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability $35,948 -3,265 -0.08% $11.01 4,248,576 13 Apr 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 -7,488 -50% $0.000000 7,487 13 Apr 2024 Class A-1 Common Stock 7,488 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 1/4 of the RSUs will vest on July 13, 2021, 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.