Filing Details

Accession Number:
0001615774-17-002192
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2017-05-10 16:58:09
Reporting Period:
2016-12-29
Filing Date:
2017-05-10
Accepted Time:
2017-05-10 16:58:09
Original Submission Date:
2017-01-04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1615063 Inspired Entertainment Inc. INSE Services-Prepackaged Software (7372) 471025534
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1693747 Lyon Luke Alvarez 250 West 57Th Street
New York NY 10107
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-12-29 926,272 $0.00 926,272 No 4 A Direct
Common Stock Acquisiton 2016-12-29 150,720 $10.00 1,091,303 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
Footnotes
  1. Grant of restricted stock pursuant to the Inspired Entertainment, Inc. 2016 Long-Term Incentive Plan (the "Plan").
  2. The shares of restricted stock vest in three equal installments: Installment 1 -- On the later of (i) December 23, 2017 and (ii) the day following the first period of thirty (30) consecutive trading days during which the average of the closing prices for the Common Stock is $12.50 or higher. Installment 2 -- On the later of (i) December 23, 2018 and (ii) the day following the first period of thirty (30) consecutive trading days during which the average of the closing prices for the Common Stock is $15.00 or higher. Installment 3 -- On the later of (i) December 23, 2019 and (ii) the day following the first period of thirty (30) consecutive trading days during which the average of the closing prices for the Common Stock is $17.50 or higher.
  3. This amended Form 4 reflects (i) the reduction of 14,311 shares of restricted stock awarded on December 29, 2016 under the Plan in order to administratively correct an error in the calculation of such award and (ii) an administrative correction to the date of the purchase disclosed herein.
  4. Purchase pursuant to compensation arrangement in which Mr. Alvarez agreed to use 50% of his cash bonus to subscribe for shares of common stock at a price of $10.00 per share.