0001493152-21-011166.txt : 20210512
0001493152-21-011166.hdr.sgml : 20210512
20210512190643
ACCESSION NUMBER: 0001493152-21-011166
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210511
FILED AS OF DATE: 20210512
DATE AS OF CHANGE: 20210512
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WEIL A LORNE
CENTRAL INDEX KEY: 0000921873
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36689
FILM NUMBER: 21916621
MAIL ADDRESS:
STREET 1: C/O HYDRA INDUSTRIES ACQUISITION CORP
STREET 2: 250 WEST 57TH STREET, SUITE #2223
CITY: NEW YORK
STATE: NY
ZIP: 10107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Inspired Entertainment, Inc.
CENTRAL INDEX KEY: 0001615063
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 471025534
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 250 WEST 57TH STREET, SUITE 415
CITY: NEW YORK,
STATE: NY
ZIP: 10107
BUSINESS PHONE: (646) 565-3861
MAIL ADDRESS:
STREET 1: 250 WEST 57TH STREET, SUITE 415
CITY: NEW YORK,
STATE: NY
ZIP: 10107
FORMER COMPANY:
FORMER CONFORMED NAME: Hydra Industries Acquisition Corp.
DATE OF NAME CHANGE: 20140728
4
1
ownership.xml
X0306
4
2021-05-11
0
0001615063
Inspired Entertainment, Inc.
INSE
0000921873
WEIL A LORNE
C/O INSPIRED ENTERTAINMENT, INC.
250 WEST 57TH STREET, SUITE 415
NEW YORK
NY
10107
1
1
1
0
Executive Chairman
Restricted Stock Units
2021-05-11
4
A
0
250000
0.00
A
Common Stock
250000
250000
D
Performance Restricted Stock Units
2021-05-11
5
A
0
E
250000
0.00
A
Common Stock
250000
250000
D
Stock Price Restricted Stock Units
2021-05-11
4
A
0
250000
0.00
A
Common Stock
250000
250000
D
Reflects special sign-on equity awards to Mr. Weil pursuant to his employment agreement with the Issuer dated October 9, 2020 which were granted under the Issuer's 2021 Omnibus Incentive Plan ("2021 Plan") which was approved by the Issuer's stockholders on May 11, 2021. The awards are subject to deferred settlement such that units that satisfy applicable vesting conditions would not settle until termination of Mr. Weil's services or, if earlier, upon a change in control as specified in the 2021 Plan.
Each unit represents a contingent right to receive one share of common stock at settlement.
These restricted stock units are scheduled to vest in three installments: 85,000 units on December 31, 2022, 80,000 units on December 31, 2023 and 85,000 units on December 31, 2024.
These performance restricted stock units are conditioned on attainment of pre-established performance criteria for the years 2021 through 2024.
These stock price restricted stock units are vested as to 165,000 of the units (the price targets established pursuant to Mr. Weil's employment agreement for such units having been met -- 80,000 units at $6.25 and 85,000 units at $8.25) and the remaining 85,000 units are subject to attainment of a stock price target of $15.00.
/s/ Carys Damon, Attorney-in-Fact
2021-05-12