Andrew Rubenstein - Apr 13, 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
Stock symbol
ACEL
Transactions as of
Apr 13, 2024
Transactions value $
-$35,948
Form type
4
Date filed
4/16/2024, 09:04 PM
Previous filing
Mar 18, 2024
Next filing
May 23, 2024

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 +7.49K +0.18% $0.00 4.25M Apr 13, 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$35.9K -3.27K -0.08% $11.01 4.25M Apr 13, 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 -7.49K -50% $0.00 7.49K Apr 13, 2024 Class A-1 Common Stock 7.49K 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.