Gregory Lee William 4
4 · Inspired Entertainment, Inc. · Filed May 16, 2019
Insider Transaction Report
Form 4
Gregory Lee William
See Remarks
Transactions
- Award
Restricted Stock Units
2019-05-14+34,616→ 34,616 total→ Common Stock (34,616 underlying) - Award
Performance Restricted Stock Units
2019-05-14+11,132→ 11,132 total→ Common Stock (11,132 underlying)
Footnotes (4)
- [F1]These restricted stock units were awarded under the Inspired Entertainment, Inc. 2018 Omnibus Incentive Plan by the Issuer's compensation committee subject to stockholder approval which was obtained on May 14, 2019. They comprise 23,484 units awarded with respect to fiscal 2018 and 11,132 units with respect to fiscal 2019.
- [F2]Each unit represents a contingent right to receive one share of common stock at settlement.
- [F3]The units are scheduled to vest in three equal installments on each of December 31, 2019, December 31, 2020 and December 31, 2021.
- [F4]These performance restricted stock units are conditioned on attainment of pre-established performance criteria for 2019 and the number of units shown reflect the target award. Depending on the level of performance attained, 0% to 200% of the units would be eligible to vest and be subject to a time-based vesting schedule (vesting in one installment on December 31, 2021).