# EDGAR Filing Document

**Accession Number:** 0001525769
**File Stem:** 0000950170-25-098512
**Filing Date:** 2025-7
**Character Count:** 8449
**Document Hash:** ea8f0e110bd57bfadc67274d657d7c7e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-25-098512.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0000950170-25-098512

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250715

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Lal Tarun
- **CENTRAL INDEX KEY:** 0002078197

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35664
- **FILM NUMBER:** 251148219

**MAIL ADDRESS:**
- **STREET 1:** 1221 S. BELT LINE RD., SUITE 500
- **CITY:** COPPELL
- **STATE:** TX
- **ZIP:** 75019
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dave & Buster's Entertainment, Inc.
- **CENTRAL INDEX KEY:** 0001525769
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING PLACES [5812]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 352382255
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0202

**BUSINESS ADDRESS:**
- **STREET 1:** 2481 MANANA DRIVE
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75220
- **BUSINESS PHONE:** 214-357-9588

**MAIL ADDRESS:**
- **STREET 1:** 2481 MANANA DRIVE
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Dave & Buster's Parent, Inc.
- **DATE OF NAME CHANGE:** 20110713

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Lal Tarun<br><sub>(Last) (First) (Middle)</sub><br>1221 S. BELT LINE RD., SUITE 500<br><sub>(Street)</sub><br>COPPELL, TX 75019<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-07-15 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Executive Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Dave & Buster's Entertainment, Inc. [ PLAY ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-07-22 |  | P |  | 8060 | A | 31.2551<sup>(1)</sup> | 8060 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (Right to Buy) | $32.06 | 2025-07-15 |  | A |  | 124766 |  | <sup>(2)</sup> | 2035-07-15 | Common Stock | 124766 | $0 | 124766 | D |  |
| Stock Option (Right to Buy) | $32.06 | 2025-07-15 |  | A |  | 124766 |  | <sup>(3)</sup> | 2035-07-15 | Common Stock | 124766 | $0 | 124766 | D |  |
| Stock Option (Right to Buy) | $48.09 | 2025-07-15 |  | A |  | 83177 |  | <sup>(4)</sup> | 2035-07-15 | Common Stock | 83177 | $0 | 83177 | D |  |
| Stock Option (Right to Buy) | $32.06 | 2025-07-15 |  | A |  | 31191 |  | <sup>(5)</sup> | 2035-07-15 | Common Stock | 31191 | $0 | 31191 | D |  |

---

### Footnotes:

(1) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $30.93 to $31.51, inclusive. The reporting person undertakes to provide the Registrant, any security holder of the Registrant or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote (1) to this Form 4.

(2) The option vests in equal installments on July 15, 2026, 2027 and 2028, subject to the Reporting Person's continued employment through the applicable vesting date.

(3) The option will become earned in full on the first date occurring before February 1, 2028 on which the 60-day trailing volume weighted average price ("VWAP") of the Issuer's common stock is equal to or greater than the exercise price multiplied by 2 (the "2X Attainment Date").  Thereafter, this option will vest in full during the period beginning on the first anniversary and ending on the second anniversary of the 2X Attainment Date, based on the Issuer's 60-day trailing VWAP performance during such period and subject to certain terms and conditions specified in the applicable award agreement.

(4) The option will become earned in full on the date occurring before February 1, 2028 on which the 60-day trailing VWAP of the Issuer's common stock is equal to or greater than the exercise price multiplied by 3 (the "3X Attainment Date").  Thereafter, this option will vest in full during the period beginning on the first anniversary and ending on the second anniversary of the 3X Attainment Date, based on the Issuer's 60-day trailing VWAP performance during such period and subject to certain terms and conditions specified in the applicable award agreement.

(5) The option will become earned in full if the Reporting Person purchases varioius tranches of shares of the Issuer's common stock valued at $1,000,000 (in total) on the open market at various times occurring on and prior to December 31, 2026.  Provided such purchases are made, this option will vest over three years in equal installments on July 15, 2026, 2027 and 2028, subject to the Reporting Person's continued employment through the applicable vesting date.

**Signature:** Sherri M. Smith, Attorney-in-Fact  
**Date:** 2025-07-24

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**