Filing Details
- Accession Number:
- 0001628280-24-040695
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-17 19:09:14
- Reporting Period:
- 2024-09-14
- Accepted Time:
- 2024-09-17 19:09:14
- 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 |
|---|---|---|---|---|---|---|---|
| 1794156 | H. Andrew Rubenstein | C/O Accel Entertainment, Inc. 140 Tower Drive Burr Ridge IL 60527 | Ceo And President | Yes | Yes | Yes | 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 | Acquisiton | 2024-09-14 | 6,958 | $0.00 | 4,200,267 | No | 4 | M | Direct | |
| Class A-1 Common Stock | Disposition | 2024-09-14 | 3,034 | $11.65 | 4,197,233 | No | 4 | F | Direct | |
| Class A-1 Common Stock | Acquisiton | 2024-09-16 | 5,614 | $0.00 | 4,202,847 | No | 4 | M | Direct | |
| Class A-1 Common Stock | Disposition | 2024-09-16 | 2,448 | $11.74 | 4,200,399 | No | 4 | F | Direct | |
| Class A-1 Common Stock | Disposition | 2024-09-17 | 4,114 | $12.01 | 4,196,285 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
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) | Disposition | 2024-09-14 | 6,958 | $0.00 | 6,958 | $0.00 |
| Class A-1 Common Stock | Restricted Stock Units (RSU) | Disposition | 2024-09-16 | 5,614 | $0.00 | 5,614 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 41,746 | No | 4 | M | Direct | ||
| 11,227 | No | 4 | M | Direct |
Footnotes
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.04, 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.
- 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.
- 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.
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