Mathew Ellis - Apr 28, 2024 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Signature
/s/ Derek Harmer, Attorney-in-fact for Mathew Ellis
Stock symbol
ACEL
Transactions as of
Apr 28, 2024
Transactions value $
-$40,989
Form type
4
Date filed
4/29/2024, 06:07 PM
Previous filing
Mar 18, 2024
Next filing
Jun 18, 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 +12.5K +29.04% $0.00 55.5K Apr 28, 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$41K -3.66K -6.59% $11.19 51.9K Apr 28, 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 -12.5K -25% $0.00 37.5K Apr 28, 2024 Class A-1 Common Stock 12.5K 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.