SEC Form 4 · accession 0001615774-18-000116
Inspired Entertainment, Inc. · INSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ira H Raphaelson
Director
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 5:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615063
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Jan 2, 2018 | A | 6,000 | A | — | — | Common Stock | 6,000 | 6,000 | D |
Explanation of responses
- F1Grant of restricted stock units under the Inspired Entertainment, Inc. 2016 Long-Term Incentive Plan (the "Plan").
- F2Each restricted stock unit represents a contingent right to receive one share of common stock at settlement.
- F3One-quarter of the units vested upon grant and the remaining three-quarters of the units will vest in three equal installments, on April 1, 2018, July 1, 2018 and October 1, 2018. The units shall be settled by the issuance of shares of common stock upon the holder's cessation as a member of the Board of Directors or upon a Change in Control of the Issuer (as set forth in the Plan).