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Accel Entertainment, Inc. — Director's Dealing 2020
Jul 15, 2020
32262_dirs_2020-07-15_3e78f9c7-4464-443c-bae5-841c17979435.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Accel Entertainment, Inc. (ACEL)
CIK: 0001698991
Period of Report: 2020-07-13
Reporting Person: Rubenstein Andrew H. (Director, CEO and President, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-13 | Restricted Stock Units (RSU) | $ | A | 119800 | Acquired | Class A-1 Common Stock (119800) | Direct | |
| 2020-07-13 | Employee Stock Option (Right to Buy) | $9.41 | A | 104000 | Acquired | 2030-07-13 | Class A-1 Common Stock (104000) | Direct |
Footnotes
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 July 13, 2021, 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 total shares underlying the option will vest on July 13, 2021, 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.