Dave & Buster's Entertainment, Inc. — Director's Dealing 2020

May 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dave & Buster's Entertainment, Inc. (PLAY)
CIK: 0001525769
Period of Report: 2020-05-06

Reporting Person: Coleman Brandon Charles III (SVP, Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-06	Common Stock	A	22029	$0.00	Acquired	22029	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-06	Market Stock Unit	$	A	17391	Acquired		Common Stock (17391)	Direct

Footnotes

F1: Represents a grant of performance-based market stock units ("MSUs") under the Issuer's 2014 Omnibus Incentive Plan.

F2: Each MSU represent a notional contingent right to receive one share of the Issuer's common stock.

F3: Represents the Target Achievable MSUs which may become Earned MSUs in respect of the one-year performance period commencing on the date of grant and ending on the day before the first anniversary of the date of grant. The actual number of Earned MSUs will equal the Target Achievable MSUs multiplied by the Stock Performance Multiplier but will in no event exceed 200% of the Target Achievable MSUs. The "Stock Performance Multiplier" means the quotient obtained by dividing (i) the closing price of the Issuer's common stock for the 10 consecutive trading days ending on (and including) the Closing Date by (ii) the closing price for the 10 consecutive trading days ending on (and including) the trading day immediately preceding the date of grant.

F4: The Earned MSUs vest ratably on each of the first three anniversaries of the date of grant, subject to continued employment with the Issuer through each applicable vesting date. Earned MSUs are generally settled in shares promptly after the applicable vesting date.

F5: Not applicable.