Form 4 for INSE Inspired Entertainment, Inc.
Accepted 2023-03-20 00:00:00 ET · period of report 2023-03-16 · accession 0001493152-23-008288 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-20 | 2023-03-16 | INSE | PIERCE BROOKS H | Pres, CEO | M - OptEx | $0.00 | +25.0K | 129.4K | +24% | $0 |
| D | 2023-03-20 | 2023-03-16 | INSE | PIERCE BROOKS H | Pres, CEO | F - Tax | $13.13 | -7,951 | 121.4K | -6% | -$104.4K |
| DM | 2023-03-20 | 2023-03-16 | INSE | PIERCE BROOKS H | Pres, CEO | A - Grant | $0.00 | +43.3K | 18.3K | New | $0 |
| D | 2023-03-20 | 2023-03-16 | INSE | PIERCE BROOKS H | Pres, CEO | M - OptEx | $0.00 | -25.0K | 25.0K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-16 | M | A | 25,000 | $0.00 | 129,363 | D | — | — | |
| 2 | Common | Common Stock | 2023-03-16 | F | D | 7,951 | $13.13 | 121,412 | D | — | — | |
| 3 | Derivative | Performance Restricted Stock Units | 2023-03-16 | A | A | 25,000 | $0.00 | 50,000 | D | — · — to — | 25,000 Common Stock | (F4) The Issuer's compensation committee determined that the pre-established performance condition for 2022 was attained with respect to 25,000 performance restricted stock units covered by an award granted to the reporting person on February 17, 2020, representing the reporting person's target number of units, whereupon the units were settled on a net share basis. There is one remaining tranche covered by the award (in the amount of 25,000 target units) which is conditioned on attainment of pre-established performance criteria for 2023. (F5) Each unit represents a contingent right to receive one share of common stock at settlement. |
| 4 | Derivative | Performance Restricted Stock Units | 2023-03-16 | M | D | 25,000 | $0.00 | 25,000 | D | — · — to — | 25,000 Common Stock | (F4) The Issuer's compensation committee determined that the pre-established performance condition for 2022 was attained with respect to 25,000 performance restricted stock units covered by an award granted to the reporting person on February 17, 2020, representing the reporting person's target number of units, whereupon the units were settled on a net share basis. There is one remaining tranche covered by the award (in the amount of 25,000 target units) which is conditioned on attainment of pre-established performance criteria for 2023. (F1) Represents conversion of performance restricted stock units into shares of common stock on a one-for-one basis. Such units were part of an award granted to the reporting person on February 17, 2020 subject to attainment of performance criteria for 2022 (see note 4 below). |
| 5 | Derivative | Performance Restricted Stock Units | 2023-03-16 | A | A | 18,267 | $0.00 | 18,267 | D | — · — to — | 18,267 Common Stock | (F6) The Issuer's compensation committee determined that the pre-established performance condition for 2022 was attained with respect to 18,267 performance restricted stock units granted to the reporting person on February 14, 2022, representing the reporting person's target award. (F5) Each unit represents a contingent right to receive one share of common stock at settlement. (F7) These units remain subject to a time-based vesting schedule (vesting in one installment on December 31, 2024). |