Filing Details
- Accession Number:
- 0001628280-22-006453
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-16 19:34:40
- Reporting Period:
- 2022-03-14
- Accepted Time:
- 2022-03-16 19:34:40
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1698991 | Accel Entertainment Inc. | ACEL | Services-Amusement & Recreation Services (7900) | 981350261 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1794305 | W. David Ruttenberg | C/O Accel Entertainment, Inc. 140 Tower Drive Burr Ridge IL 60527 | Yes | No | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A-1 Common Stock | Disposition | 2022-03-15 | 11,880 | $13.00 | 634,647 | No | 4 | S | Indirect | See Footnote |
| Class A-1 Common Stock | Disposition | 2022-03-16 | 8,120 | $13.22 | 626,527 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A-1 Common Stock | Restricted Stock Unit (RSU) | Acquisiton | 2022-03-14 | 7,867 | $0.00 | 7,867 | $0.00 |
| Class A-1 Common Stock | Restricted Stock Unit (RSU) | Acquisiton | 2022-03-14 | 7,081 | $0.00 | 7,081 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 7,867 | No | 4 | A | Direct | ||
| 7,081 | No | 4 | A | Direct |
Footnotes
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.60 to $13.20, 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.
- Securities are held by Grant Place Fund LLC, of which the Reporting Person is the Manager. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.03 to $13.33, 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.
- 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.
- 100% of the RSUs will vest on December 31, 2022, subject to the Reporting Person's continued service to the Issuer on the vesting date.
- Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair/committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2022, subject to the Reporting Person's continued service to the Issuer on the vesting date.
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