Inspired Entertainment (INSE) Form 4 Inspired Entertainment / Carys Damon ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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

1. Name and Address of Reporting Person^*

Damon Carys

(Last) (First) (Middle)

C/O INSPIRED ENTERTAINMENT, INC.

250 WEST 57TH STREET, SUITE 415

(Street)

NEW YORK NY 10107

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Inspired Entertainment, Inc. [ INSE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP & General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
12/29/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/29/2023		M		39,603	A	(1)	109,387	D
Common Stock	12/29/2023		F(2)		18,614	D	$9.88	90,773	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/29/2023		M			7,744	(3)	(3)	Common Stock	7,744	$0.00	0	D
Performance Restricted Stock Units	(1)	12/29/2023		M			23,230	(4)	(4)	Common Stock	23,230	$0.00	0	D
Restricted Stock Units	(1)	12/29/2023		M			4,407	(5)	(5)	Common Stock	4,407	$0.00	4,408	D
Restricted Stock Units	(1)	12/29/2023		M			4,222	(6)	(6)	Common Stock	4,222	$0.00	8,445	D

Explanation of Responses:

1. Restricted stock units convert into shares of common stock on a one-for-one basis.

2. Represents common stock withheld to satisfy applicable tax withholding requirements in connection with the vesting of restricted stock units.

3. These restricted stock units were granted on June 9, 2021. One-third of the units vested on each of December 31, 2021, December 30, 2022 and December 29, 2023.

4. These performance restricted stock units were granted on June 9, 2021. The award was conditioned on attainment of pre-established performance criteria for 2021 and a time-based vesting schedule (vesting in one installment on December 29, 2023).

5. These restricted stock units were granted on February 14, 2022. One-third of the units vested on each of December 30, 2022 and December 29, 2023 and the balance is scheduled to vest on December 31, 2024.

6. These restricted stock units were granted on February 14, 2023. One-third of the units vested on December 29, 2023 and the balance is scheduled to vest in two equal installments on December 31, 2024 and December 31, 2025.

	/s/ Carys Damon	01/03/2024
	** Signature of Reporting Person	Date
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).
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