Form 4 for ACEL Accel Entertainment, Inc.
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-09 · accession 0001628280-22-031873 · 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 | 2022-12-13 | 2022-12-09 | ACEL | Harmer Derek | Sec | S - Sale+OE | $8.24 | -40.0K | 169.2K | -19% | -$329.6K |
| D | 2022-12-13 | 2022-12-12 | ACEL | Harmer Derek | Sec | F - Tax | $8.30 | -19.0K | 177.8K | -10% | -$157.4K |
| DM | 2022-12-13 | 2022-12-12 | ACEL | Harmer Derek | Sec | M - OptEx | $4.66 | +27.5K | 183.0K | +18% | +$128.0K |
| DM | 2022-12-13 | 2022-12-12 | ACEL | Harmer Derek | Sec | M - OptEx | $4.66 | -27.5K | 13.8K | -67% | -$128.0K |
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 | Class A-1 Common Stock | 2022-12-09 | S | D | 40,000 | $8.24 | 169,229 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.145 to $8.29, 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. |
| 2 | Common | Class A-1 Common Stock | 2022-12-12 | F | D | 18,964 | $8.30 | 177,767 | D | — | — | |
| 3 | Common | Class A-1 Common Stock | 2022-12-12 | M | A | 13,751 | $5.24 | 196,731 | D | — | — | |
| 4 | Common | Class A-1 Common Stock | 2022-12-12 | M | A | 13,751 | $4.07 | 182,980 | D | — | — | |
| 5 | Derivative | Employee Stock Option (Right to Buy) | 2022-12-12 | M | D | 13,751 | $5.24 | 20,626 | D | $5.24 · — to 2024-12-11 | 13,751 Class A-1 Common Stock | (F3) Represents unvested options that were converted into stock options exercisable for Class A-1 shares in connection with the transaction with TPG Pace Holdings Corp., which will vest in accordance with the vesting schedule as in effect prior to the transaction, such that 1/4 of the converted stock options will vest on December 11, 2020, and the remainder will vest as to 1/4 of the total award annually thereafter, subject to the Reporting Person's continued service to the issuer on each vesting date. |
| 6 | Derivative | Employee Stock Option (Right to Buy) | 2022-12-12 | M | D | 13,751 | $4.07 | 13,750 | D | $4.07 · — to 2023-12-12 | 13,751 Class A-1 Common Stock | (F2) Represents unvested options that were converted into stock options exercisable for Class A-1 shares in connection with the transaction with TPG Pace Holdings Corp., which will vest in accordance with the vesting schedule as in effect prior to the transaction, such that 1/3 of the converted stock options will vest on December 12, 2020, and the remainder will vest as to 1/3 of the total award annually thereafter, subject to the Reporting Person's continued service to the issuer on each vesting date. |