Company: ACEL
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001698991-25-000011
Chunk: 97

Company: Accel Entertainment, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 16
Chunk 97
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1.84 $5.24 Forfeited/expired(37,451)$6.04 $12.06 Outstanding at December 31, 20241,066,753 $5.60 $11.58 A summary of the status of the activities of the Company’s nonvested stock options for the years ended December 31, 2024, 2023 and 2022 is as follows:Nonvested optionsSharesWeighted Average Grant Date Fair ValueNonvested at January 1, 20221,411,331 $4.77 Granted315,881 $7.30 Vested(314,462)$4.17 Forfeited(321,682)$4.86 Nonvested at December 31, 20221,091,068 $5.65 Granted— $— Vested(393,550)$5.54 Forfeited(54,717)$5.27 Nonvested at December 31, 2023642,801 $5.75 Granted— $— Vested(330,292)$5.69 Forfeited— $— Nonvested at December 31, 2024312,509 $5.76 

F-43

Table of ContentsAccel Entertainment, Inc. and SubsidiariesNotes to Consolidated Financial Statements — (Continued)

As of December 31, 2024, and 2023, a total of 524,739 and 516,576 options with a weighted-average remaining contractual term of 4.83 and 5.7 years, respectively, granted to employees were vested. The fair value of options that vested during 2024, 2023 and 2022 was $1.9 million, $2.2 million, and $1.3 million, respectively. As of December 31, 2024, and 2023, the weighted-average exercise price of the non-vested awards was $11.92 for both years. As of December 31, 2024, and 2023, the weighted-average remaining contractual term of the outstanding awards was 5.5 years and 6.4 years, respectively. The total intrinsic value of options that were exercised during the years ended December 31, 2024, 2023 and 2022 was approximately $