SEC Form 4 · accession 0001615774-19-001350
Inspired Entertainment, Inc. · INSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R. Chambrello
Director
Period of report
Jan 28, 2019
Accepted (ET)
Jan 30, 2019 · 5:01 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 28, 2019 | A | 7,123 | A | — | — | Common Stock | 7,123 | 7,123 | 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.
- F3A pro rata portion of the units vested upon grant (1,354 units) and the remainder will vest in three equal installments (of 1,923 units) on each of 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).