Filing Details

Accession Number:
0001628280-24-012008
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-19 21:12:09
Reporting Period:
2024-03-15
Accepted Time:
2024-03-19 21:12:09
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 2024-03-15 12,500 $11.34 454,045 No 4 S Indirect See Footnote
Class A-1 Common Stock Disposition 2024-03-15 12,500 $11.34 594,027 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 2024-03-15 12,184 $0.00 12,184 $0.00
Class A-1 Common Stock Restricted Stock Unit (RSU) Acquisiton 2024-03-15 9,429 $0.00 9,429 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,184 No 4 A Direct
9,429 No 4 A Direct
Footnotes
  1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023 (and to which each of Crilly Court Trust and Grant Place Fund LLC is a party). 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.
  2. Securities are held by the Crilly Court Trust, of which the Reporting Person is a beneficiary. 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.
  3. 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.
  4. 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.
  5. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.
  6. Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on the vesting date.