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Filing Details

Accession Number:: 0000950170-25-098512
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-07-24 19:55:45
Reporting Period:: 2025-07-15

Filing Date:: 2025-07-24
Accepted Time:: 2025-07-24 19:55:45
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1525769	Dave & Buster's Entertainment Inc.	PLAY	Retail-Eating Places (5812)	352382255

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
2078197	Tarun Lal	1221 S. Belt Line Rd., Suite 500 Coppell TX 75019	Chief Executive Officer	No	No	No	No

Transaction Summary

Purchased:	8,060 shares	Avg. Price: $31.26	Total Value: $251,916.11
Number of Shares After Transactions:	8,060 shares

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2025-07-22	8,060	$31.26	8,060	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Acquisiton	2025-07-15	124,766	$0.00	124,766	$32.06
Common Stock	Stock Option (Right to Buy)	Acquisiton	2025-07-15	124,766	$0.00	124,766	$32.06
Common Stock	Stock Option (Right to Buy)	Acquisiton	2025-07-15	83,177	$0.00	83,177	$48.09
Common Stock	Stock Option (Right to Buy)	Acquisiton	2025-07-15	31,191	$0.00	31,191	$32.06

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
124,766	2035-07-15	No	4	A	Direct
124,766	2035-07-15	No	4	A	Direct
83,177	2035-07-15	No	4	A	Direct
31,191	2035-07-15	No	4	A	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $30.93 to $31.51, inclusive. The reporting person undertakes to provide the Registrant, any security holder of the Registrant or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote (1) to this Form 4.
The option vests in equal installments on July 15, 2026, 2027 and 2028, subject to the Reporting Person's continued employment through the applicable vesting date.
The option will become earned in full on the first date occurring before February 1, 2028 on which the 60-day trailing volume weighted average price ("VWAP") of the Issuer's common stock is equal to or greater than the exercise price multiplied by 2 (the "2X Attainment Date"). Thereafter, this option will vest in full during the period beginning on the first anniversary and ending on the second anniversary of the 2X Attainment Date, based on the Issuer's 60-day trailing VWAP performance during such period and subject to certain terms and conditions specified in the applicable award agreement.
The option will become earned in full on the date occurring before February 1, 2028 on which the 60-day trailing VWAP of the Issuer's common stock is equal to or greater than the exercise price multiplied by 3 (the "3X Attainment Date"). Thereafter, this option will vest in full during the period beginning on the first anniversary and ending on the second anniversary of the 3X Attainment Date, based on the Issuer's 60-day trailing VWAP performance during such period and subject to certain terms and conditions specified in the applicable award agreement.
The option will become earned in full if the Reporting Person purchases varioius tranches of shares of the Issuer's common stock valued at $1,000,000 (in total) on the open market at various times occurring on and prior to December 31, 2026. Provided such purchases are made, this option will vest over three years in equal installments on July 15, 2026, 2027 and 2028, subject to the Reporting Person's continued employment through the applicable vesting date.