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Accel Entertainment, Inc. Director's Dealing 2020

Mar 2, 2020

32262_dirs_2020-03-02_4b526ba4-44b2-4dfe-a2eb-6b1e30daaf2f.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: 2020-02-27

Reporting Person: Rubenstein Gordon (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-27 Restricted Stock Units (RSU) $ A 24489 Acquired Class A-1 Common Stock (24489) Direct
2020-02-27 Restricted Stock Units (RSU) $ A 60000 Acquired Class A-1 Common Stock (60000) Direct
2020-02-27 Director Stock Option (Right to Buy) $12.25 A 90000 Acquired 2030-02-27 Class A-1 Common Stock (90000) 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: 100% of the RSUs will vest on December 31, 2020, subject to the Reporting Person's continuing service to the Issuer on the vesting date.

F3: 1/3 of the RSUs will vest on January 1, 2023, and the remainder will vest as to 1/3 of the total award annually thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

F4: 1/3 of the total shares underlying the option will vest on January 1, 2023, and the remainder will vest as to 1/3 of the total shares annually thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.