SEC Form 4 · accession 0001209191-16-138937
GOLDEN ENTERTAINMENT, INC. · GDEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A Arcana
Officer — EVP and COO
Period of report
Aug 26, 2016
Accepted (ET)
Aug 29, 2016 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001071255
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $12.51 | Aug 26, 2016 | A | 140,000 | A | — | Aug 25, 2026 | Common Stock | 140,000 | 140,000 | D |
Explanation of responses
- F11/4 of the total number of shares of common stock subject to the option vest on 08/26/17, and 1/48 of the total number of shares of common stock subject to the option vest on the last day of each one-month period following 08/26/17. Notwithstanding the foregoing vesting schedule, in no event may the option be exercised prior to the earlier of (i) 08/01/18, or (ii) immediately prior to the consummation of a "change in control" under Section 2.8(a), (c) or (d) of the Golden Entertainment, Inc. 2015 Incentive Award Plan which results in an "ownership change" as defined in Section 382 of the Internal Revenue Code of 1986, as amended, or any successor statute.