Accel Entertainment, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Accel Entertainment, Inc. is holding its 2024 Annual Meeting of Stockholders virtually on May 9, 2024.</b>

AI Summary

Accel Entertainment, Inc. (ACEL) filed a Proxy Statement (DEF 14A) with the SEC on March 21, 2024. The 2024 Annual Meeting of Stockholders for Accel Entertainment, Inc. will be held virtually on May 9, 2024, at 1:00 p.m. Central Time. The meeting will be accessible online at www.virtualshareholdermeeting.com/ACEL2024. Stockholders are advised to retain their control number for access to the virtual meeting. The filing is a Definitive Proxy Statement (DEF 14A) filed on March 21, 2024. The company was formerly known as TPG Pace Holdings Corp. and changed its name on February 24, 2017.

Why It Matters

For investors and stakeholders tracking Accel Entertainment, Inc., this filing contains several important signals. This filing provides essential information for stockholders to participate in the annual meeting, including details on how to access the virtual platform and the importance of their control number. The DEF 14A filing serves as the official communication to shareholders regarding the company's annual meeting, governance, and potentially other matters to be discussed or voted upon.

Risk Assessment

Risk Level: low — Accel Entertainment, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Stockholders should review the proxy materials to understand the agenda for the annual meeting and how to vote.

Key Numbers

• 2024 — Annual Meeting Year (2024 Annual Meeting of Stockholders)
• May 9 — Meeting Date (Thursday, May 9, 2024)
• 1:00 p.m. — Meeting Time (1:00 p.m., Central Time)

Key Players & Entities

• Accel Entertainment, Inc. (company) — Registrant name
• May 9, 2024 (date) — Date of Annual Meeting
• 1:00 p.m., Central Time (time) — Time of Annual Meeting
• www.virtualshareholdermeeting.com/ACEL2024 (url) — Website for virtual meeting
• TPG Pace Holdings Corp. (company) — Former company name
• February 24, 2017 (date) — Date of name change
• March 21, 2024 (date) — Filing date

FAQ

Industry Context

Accel Entertainment operates in the amusement and recreation services industry, providing entertainment solutions.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the proxy statement for details on meeting agenda items and voting procedures.
2. Ensure you have your control number ready for virtual meeting access.
3. Vote your shares in accordance with your preferences on the matters presented.

Key Dates

• 2024-05-09: 2024 Annual Meeting of Stockholders — Key date for stockholder participation and voting.
• 2024-03-21: Filing Date of DEF 14A — Indicates when the proxy materials were officially submitted to the SEC.

Year-Over-Year Comparison

This filing is a DEF 14A for the 2024 annual meeting, following previous filings related to the company's operations and financial reporting.

Key Financial Figures

• $0.0001 — f our Class A-1 common stock, par value $0.0001 per share (" Class A-1 common stock ").

Filing Documents

• acel-20240321.htm (DEF 14A) — 898KB
• acel-20240321_g1.jpg (GRAPHIC) — 9KB
• acel-20240321_g2.jpg (GRAPHIC) — 92KB
• acel-20240321_g3.jpg (GRAPHIC) — 71KB
• acel-20240321_g4.jpg (GRAPHIC) — 74KB
• acel-20240321_g5.jpg (GRAPHIC) — 438KB
• acel-20240321_g6.jpg (GRAPHIC) — 172KB
• 0001698991-24-000016.txt (&nbsp;) — 3481KB
• acel-20240321.xsd (EX-101.SCH) — 4KB
• acel-20240321_def.xml (EX-101.DEF) — 5KB
• acel-20240321_lab.xml (EX-101.LAB) — 7KB
• acel-20240321_pre.xml (EX-101.PRE) — 4KB
• acel-20240321_htm.xml (XML) — 108KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 23 Compensation Discussion and Analysis 23 Compensation Committee Report 36 2023 Summary Compensation 36 2023 Grants of Plan-Based Award s 37 2023 Outstanding Equity Awards at Fiscal Year-End 39 2023 Option Exercises and Stock Vested 41 Employment Agreements 41 Potential Payments Upon Termination or Change-In-Control 43 Chief Executive Officer Pay Ratio 44 Pay Versus Performance 44 PROPOSAL 2: NON-BINDING ADVISORY VOTE ON THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 50 REPORT OF THE AUDIT COMMITTEE 51 EQUITY COMPENSATION PLAN INFORMATION 53 DELINQUENT SECTION 16(A) REPORTS 54

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 55 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 57 DEADLINE FOR RECEIPT OF STOCKHOLDER PROPOSALS 58 OTHER MATTERS 59 4 PROXY STATEMENT SUMMARY This summary highlights information contained elsewhere in this proxy statement. This summary does not contain all of the information that you should consider, and you should review all of the information contained in the proxy statement before voting. Annual Meeting of Stockholders Date: Thursday, May 9, 2024 Time: 1:00 p.m., Central Time Location: Virtual only: http://www.virtualshareholdermeeting.com/ACEL2024 Record Date: Friday, March 15, 2024 Voting: Stockholders as of the record date are entitled to vote. Each share of Class A-1 common stock is entitled to one vote. Proposals and Voting Recommendations Board Recommendation Page Proposal 1 Election of Directors Gordon Rubenstein For 20 David W. Ruttenberg For 20 Proposal 2 Approval, on a non-binding advisory basis, of the compensation of our named executive officers For 50 Proposal 3 Ratification of our independent registered public accounting firm For 52 Voting Methods You can vote in one of four ways: Visit www.proxyvote.com to vote VIA THE INTERNET Call 1-800-690-6903 to vote BY TELEPHONE Sign, date and return your proxy card in the prepaid enclosed envelope to vote BY MAIL Attend the meeting to vote DURING THE MEETING To reduce our administrative and postage costs and the environmental impact of the Annual Meeting, we encourage stockholders to vote via the Internet or by telephone, both of which are available 24 hours a day, seven days a week, until 11:59 p.m. Eastern Time on May 8, 2024. Stockholders may revoke their proxies at the times and in the manners described on page 8 of this proxy statement. If your shares are held in "street name" through a bank, broker or other holder of record, you will receive voting instructions from the holder of re