Mathew Scot Ellis - 28 Apr 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: 28 Apr 2024
Net transactions value: -$40,989
Form type: 4
Filing time: 29 Apr 2024, 18:07:13 UTC
Previous filing: 18 Mar 2024
Next filing: 18 Jun 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	+12,500	+29%	$0.000000	55,544	28 Apr 2024	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$40,989	-3,663	-6.6%	$11.19	51,881	28 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	-12,500	-25%	$0.000000	37,500	28 Apr 2024	Class A-1 Common Stock	12,500		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 April 28, 2024, and the remainder will vest in 8 equal quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.