Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-003712
Date:2020-01-14
Issuer: ACCEL ENTERTAINMENT, INC. (ACEL)
Original Submission Date:

Reporting Person:

PHELAN MARK T.
C/O ACCEL ENTERTAINMENT, INC.
140 TOWER DRIVE BURR RIDGE, IL 60527

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A-1 COMMON STOCK 2020-01-14 C 920 a $0.00 37,565 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
CLASS A-2 COMMON STOCK 0.0 2020-01-14 deemed execution date C 920 (d) class a-1 common stock 920 $0.00 1,840 direct
Footnotes
IDfootnote
f1 represents the automatic conversion of a portion of the shares of the issuer's class a-2 common stock into shares of the issuer's class a-1 common stock. the issuer's class a-2 common stock will automatically convert into an equal number of the issuer's class a-1 common stock in three separate tranches, with no action required of the holder thereof, upon the satisfaction of certain predetermined stock price or earnings thresholds as set forth in the restricted stock agreement dated as of november 20, 2019, by and among the issuer, the reporting person and the other persons party thereto. the first stock price threshold was achieved on january 14, 2020. the class a-2 common stock has no expiration date.
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