SEC Form 4 · accession 0001615774-18-001795
Inspired Entertainment, Inc. · INSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee William Gregory
Officer — See Remarks
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 9:51 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 | — | Mar 7, 2018 | A | 12,560 | A | — | — | Common Stock | 12,560 | 12,560 | D |
Explanation of responses
- F1Represents a grant of restricted stock units approved by the Issuer's board of directors in December 2016 subject to stockholder approval which was obtained on March 7, 2018. Each RSU represents a contingent right to receive one share of common stock at settlement, subject to the terms and conditions set forth in the award of such restricted stock units by the Company to Mr. Gregory under the Company's Second Long-Term Incentive Plan ("Second Incentive Plan"). Such grant was previously reported voluntarily on February 8, 2017.
- F2The restricted stock units vest on the earliest of (i) December 23, 2019, (ii) the holder's death, (iii) the holder's "disability" and (iv) the closing of a "change in control" (as such terms are defined in the Second Plan and award agreement).
Remarks
Chief Commercial Officer (SBG Division)