AI assistant
Accel Entertainment, Inc. — Director's Dealing 2020
Mar 2, 2020
32262_dirs_2020-03-02_4b526ba4-44b2-4dfe-a2eb-6b1e30daaf2f.zip
Director's Dealing
Open in viewerOpens in your device viewer
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.