Derek Harmer - Sep 14, 2023 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role
Secretary
Signature
/s/ Derek Harmer
Stock symbol
ACEL
Transactions as of
Sep 14, 2023
Transactions value $
-$123,313
Form type
4
Date filed
9/18/2023, 07:11 PM
Previous filing
Aug 25, 2023
Next filing
Oct 17, 2023

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 +1.02% $0.00 183K Sep 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$6.03K -542 -0.3% $11.13 182K Sep 14, 2023 Direct
transaction ACEL Class A-1 Common Stock Sale -$111K -10K -5.49% $11.09 172K Sep 15, 2023 Direct F1
transaction ACEL Class A-1 Common Stock Options Exercise $0 +2.02K +1.17% $0.00 174K Sep 16, 2023 Direct
transaction ACEL Class A-1 Common Stock Tax liability -$6.38K -593 -0.34% $10.76 174K Sep 16, 2023 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 -9.09% $0.00 18.5K Sep 14, 2023 Class A-1 Common Stock 1.85K Direct F2, F3
transaction ACEL Restricted Stock Units (RSU) Options Exercise $0 -2.02K -14.29% $0.00 12.1K Sep 16, 2023 Class A-1 Common Stock 2.02K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2022.
F2 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.
F3 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.
F4 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.