4//SEC Filing
PIERCE BROOKS H 4
Accession 0001493152-24-015076
CIK 0001615063other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 7:09 PM ET
Size
14.9 KB
Accession
0001493152-24-015076
Insider Transaction Report
Form 4
PIERCE BROOKS H
President and CEO
Transactions
- Award
Performance Restricted Stock Units
2024-04-15+11,657→ 11,657 total→ Common Stock (11,657 underlying) - Award
Performance Restricted Stock Units
2024-04-15+9,092→ 9,092 total→ Common Stock (9,092 underlying) - Exercise/Conversion
Common Stock
2024-04-16+11,657→ 216,604 total - Tax Payment
Common Stock
2024-04-16$9.07/sh−3,601$32,661→ 213,003 total - Exercise/Conversion
Performance Restricted Stock Units
2024-04-16−11,657→ 0 total→ Common Stock (11,657 underlying)
Holdings
- 65,294(indirect: By GRAT)
Common Stock
Footnotes (5)
- [F1]Performance restricted stock units convert into shares of common stock on a one-for-one basis.
- [F2]Represents shares withheld to satisfy tax withholding requirements for settlement of performance restricted stock units.
- [F3]Represents shares held by a grantor retained annuity trust (GRAT) with respect to which the reporting person is the trustee and sole annuitant.
- [F4]These performance restricted stock units were granted on February 14, 2023 and were conditioned on the attainment of pre-established performance criteria for 2023. The Issuer's compensation committee determined that the performance condition was attained with respect to 9,092 units, representing 46.63% of the reporting person's target award. The units remain subject to a time-based vesting schedule (vesting in one installment on December 31, 2025).
- [F5]These performance restricted stock units were part of an award granted on February 17, 2020 pursuant to the reporting person's employment agreement and were conditioned on the attainment of pre-established performance criteria for 2023. The Issuer's compensation committee determined that the performance condition was attained with respect to 11,657 units, representing 46.63% of the reporting person's target number of units. The units subsequently settled on a net share basis.
Documents
Issuer
Inspired Entertainment, Inc.
CIK 0001615063
Entity typeother
Related Parties
1- filerCIK 0001250108
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 7:09 PM ET
- Size
- 14.9 KB