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