Accel Entertainment, Inc. — Director's Dealing 2020

Jan 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Accel Entertainment, Inc. (ACEL)
CIK: 0001698991
Period of Report: 2020-01-14

Reporting Person: Peterson Karl Mr. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-14	Class A-1 Common Stock	C	207200	—	Acquired	2775646	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-14	Class A-2 Common Stock	$	C	207200	Disposed		Class A-1 Common Stock (207200)	Indirect

Footnotes

F1: On January 14, 2020, pursuant to the Amended and Restated Certificate of Incorporation of Accel Entertainment, Inc. (the "Issuer") and the Restricted Stock Agreement, dated as of November 20, 2019, the first tranche of shares of Class A-2 Common Stock ("Class A-2 Common Stock") of the Issuer held by Mr. Karl Peterson converted into an equal number of shares of Class A-1 Common Stock ("Class A-1 Common Stock") of the Issuer. The shares of Class A-2 Common Stock are convertible into shares of Class A-1 Common Stock on a one-for-one basis, subject to adjustment, in three separate tranches upon the satisfaction of certain triggers based on the Issuer's financial performance, or upon certain other events, subject to certain exceptions as set forth in the Restricted Stock Agreement.

F2: Held through personal vehicles.