SEC Form 4 · accession 0001615774-19-000251
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, 2019
Accepted (ET)
Jan 4, 2019 · 6:01 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, 2019 | A | 12,345 | A | — | — | Common Stock | 12,345 | 12,345 | D |
Explanation of responses
- F1Grant of restricted stock units under the Inspired Entertainment, Inc. 2016 Long-Term Incentive Plan (the "Plan").
- F2Each 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, 2019, July 1, 2019 and October 1, 2019. The units settle upon the holder's cessation as a member of the Issuer's board of directors or upon a change in control of the Issuer (as set forth in the Plan).