other material
confidence high
sentiment neutral
materiality 0.50
Accel grants performance-based PSUs to CEO, CFO, and CCO with 3-year EBITDA targets
Accel Entertainment, Inc.
- CEO Andrew Rubenstein granted 90,396 PSUs; CFO Mathew Ellis 19,774; CCO Derek Harmer 20,410.
- PSUs vest based on average annual adjusted EBITDA performance for 2023, 2024, 2025.
- Vesting ranges from 50% of target at 85% AEBITDA threshold to 200% at 115% maximum.
- Committee to set 2023 target AEBITDA in near future; awards under Long-Term Incentive Plan.