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Accel Entertainment, Inc. — Director's Dealing 2024
Jun 19, 2024
32262_dirs_2024-06-18_dfc83f14-16f7-4817-9b96-c2f3ba7f36ce.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: 2024-06-14
Reporting Person: Rubenstein Andrew H. (Director, CEO and President, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-14 | Class A-1 Common Stock | M | 6957 | — | Acquired | 4249033 | Direct |
| 2024-06-14 | Class A-1 Common Stock | F | 3034 | $9.94 | Disposed | 4245999 | Direct |
| 2024-06-14 | Class A-1 Common Stock | G | 1180 | — | Disposed | 4244819 | Direct |
| 2024-06-14 | Class A-1 Common Stock | S | 17 | $10.01 | Disposed | 4244802 | Direct |
| 2024-06-16 | Class A-1 Common Stock | M | 5614 | — | Acquired | 4250416 | Direct |
| 2024-06-16 | Class A-1 Common Stock | F | 2448 | $9.94 | Disposed | 4247968 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-14 | Restricted Stock Unit (RSU) | $ | M | 6957 | Disposed | Class A-1 Common Stock (6957) | Direct | |
| 2024-06-16 | Restricted Stock Units (RSU) | $ | M | 5614 | Disposed | Class A-1 Common Stock (5614) | Direct |
Footnotes
F1: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2024. The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.
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: 1/4 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.