Accel Entertainment, Inc. — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Accel Entertainment, Inc. (ACEL)
CIK: 0001698991
Period of Report: 2023-03-14

Reporting Person: Harmer Derek (Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-14	Class A-1 Common Stock	M	7386	—	Acquired	196746	Direct
2023-03-14	Class A-1 Common Stock	F	2165	$8.89	Disposed	194581	Direct
2023-03-16	Class A-1 Common Stock	M	2021	—	Acquired	196602	Direct
2023-03-16	Class A-1 Common Stock	F	593	$8.88	Disposed	196009	Direct
2023-03-16	Class A-1 Common Stock	S	2232	$9	Disposed	193777	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-14	Restricted Stock Unit (RSU)	$	M	7386	Disposed		Class A-1 Common Stock (7386.0)	Direct
2023-03-15	Restricted Stock Unit (RSU)	$	A	20410	Acquired		Class A-1 Common Stock (20410.0)	Direct
2023-03-16	Restricted Stock Units (RSU)	$	M	2021	Disposed		Class A-1 Common Stock (2021.0)	Direct

Footnotes

F1: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: 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.

F3: 1/4 of the RSUs will vest on March 14, 2023, 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.

F4: 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

F5: 1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.