SEC Form 4 · accession 0001209191-17-022219
GOLDEN ENTERTAINMENT, INC. · GDEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean T Higgins
Officer — Executive VP and CLO
Period of report
Mar 20, 2017
Accepted (ET)
Mar 22, 2017 · 12:00 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 | $13.50 | Mar 20, 2017 | A | 75,000 | A | — | Mar 19, 2027 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F11/4 of the total number of shares of common stock subject to the option vest on 03/20/18, 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 03/20/18. 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.