Derek Harmer - 14 Dec 2024 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Secretary
Signature
/s/ Derek Harmer
Issuer symbol
ACEL
Transactions as of
14 Dec 2024
Net transactions value
-$130,145
Form type
4
Filing time
17 Dec 2024, 17:52:57 UTC
Previous filing
22 Nov 2024
Next filing
03 Jan 2025

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 +1,847 +0.89% $0.000000 208,527 14 Dec 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability $6,379 -542 -0.26% $11.77 207,985 14 Dec 2024 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +2,021 +0.97% $0.000000 210,006 16 Dec 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability $6,766 -593 -0.28% $11.41 209,413 16 Dec 2024 Direct
transaction ACEL Class A-1 Common Stock Sale $117,000 -10,000 -4.8% $11.70 199,413 16 Dec 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 Unit (RSU) Options Exercise $0 -1,847 -17% $0.000000 9,232 14 Dec 2024 Class A-1 Common Stock 1,847 Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -2,021 -50% $0.000000 2,021 16 Dec 2024 Class A-1 Common Stock 2,021 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 1/4 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 continued service to the Issuer on each vesting date.