Accel Entertainment, Inc. — Director's Dealing 2022

Dec 14, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Accel Entertainment, Inc. (ACEL)
CIK: 0001698991
Period of Report: 2022-12-09

Reporting Person: Harmer Derek (Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-09	Class A-1 Common Stock	S	40000	$8.2363	Disposed	169229	Direct
2022-12-12	Class A-1 Common Stock	M	13751	$4.07	Acquired	182980	Direct
2022-12-12	Class A-1 Common Stock	M	13751	$5.24	Acquired	196731	Direct
2022-12-12	Class A-1 Common Stock	F	18964	$8.30	Disposed	177767	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-12	Employee Stock Option (Right to Buy)	$4.07	M	13751	Disposed	2023-12-12	Class A-1 Common Stock (13751.0)	Direct
2022-12-12	Employee Stock Option (Right to Buy)	$5.24	M	13751	Disposed	2024-12-11	Class A-1 Common Stock (13751.0)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.145 to $8.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F2: Represents unvested options that were converted into stock options exercisable for Class A-1 shares in connection with the transaction with TPG Pace Holdings Corp., which will vest in accordance with the vesting schedule as in effect prior to the transaction, such that 1/3 of the converted stock options will vest on December 12, 2020, and the remainder will vest as to 1/3 of the total award annually thereafter, subject to the Reporting Person's continued service to the issuer on each vesting date.

F3: Represents unvested options that were converted into stock options exercisable for Class A-1 shares in connection with the transaction with TPG Pace Holdings Corp., which will vest in accordance with the vesting schedule as in effect prior to the transaction, such that 1/4 of the converted stock options will vest on December 11, 2020, and the remainder will vest as to 1/4 of the total award annually thereafter, subject to the Reporting Person's continued service to the issuer on each vesting date.