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

Role
Secretary
Signature
/s/ Derek Harmer
Stock symbol
ACEL
Transactions as of
Dec 14, 2024
Transactions value $
-$130,145
Form type
4
Date filed
12/17/2024, 05:52 PM
Previous filing
Nov 22, 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 +1.85K +0.89% $0.00 209K Dec 14, 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$6.38K -542 -0.26% $11.77 208K Dec 14, 2024 Direct
transaction ACEL Class A-1 Common Stock Options Exercise $0 +2.02K +0.97% $0.00 210K Dec 16, 2024 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$6.77K -593 -0.28% $11.41 209K Dec 16, 2024 Direct
transaction ACEL Class A-1 Common Stock Sale -$117K -10K -4.78% $11.70 199K Dec 16, 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 -1.85K -16.67% $0.00 9.23K Dec 14, 2024 Class A-1 Common Stock 1.85K Direct F1, F2
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -2.02K -50% $0.00 2.02K Dec 16, 2024 Class A-1 Common Stock 2.02K 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.