4//SEC Filing
WEIL A LORNE 4
Accession 0001641172-25-001362
CIK 0001615063other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 6:48 PM ET
Size
9.6 KB
Accession
0001641172-25-001362
Insider Transaction Report
Form 4
WEIL A LORNE
DirectorExecutive Chairman10% Owner
Transactions
- Award
Performance Restricted Stock Units
2025-03-26+62,500→ 187,500 total(indirect: By LLC)→ Common Stock (62,500 underlying) - Award
Performance Restricted Stock Units
2025-03-26+24,000→ 24,000 total(indirect: By LLC)→ Common Stock (24,000 underlying)
Footnotes (4)
- [F1]Performance restricted stock units convert into shares of common stock on a one-for-one basis.
- [F2]These performance restricted stock units were granted to the reporting person on March 8, 2024 and were conditioned on the attainment of pre-established performance criteria for 2024. The Issuer's compensation committee determined that the performance condition was attained in excess of the threshold level and exercised discretion to approve an incremental number of units, reflecting, in the aggregate, 60% of the participant's target award. The units remain subject to a time-based vesting schedule (vesting in one installment on December 31, 2026).
- [F3]The membership interests of the LLC that holds the securities (Hydralex Holdings LLC) are owned by trusts for the benefit of the reporting person's children and other beneficiaries including the reporting person. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F4]These performance restricted stock units were part of an award granted to the reporting person on May 11, 2021 pursuant to the reporting person's employment agreement and were conditioned on the attainment of pre-established performance criteria for 2024. The Issuer's compensation committee determined that the performance condition was attained with respect to the reporting person's target number of units after factoring in the amount of eligible carryover performance from prior years in excess of the target. The other tranches covered by the award previously met the vesting criteria (for 2022 and 2023).
Documents
Issuer
Inspired Entertainment, Inc.
CIK 0001615063
Entity typeother
Related Parties
1- filerCIK 0000921873
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 6:48 PM ET
- Size
- 9.6 KB