SEC Form 4 · accession 0001209191-18-049058
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 29, 2018
Accepted (ET)
Aug 31, 2018 · 3:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001071255
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Aug 29, 2018 | M | 50,000 | $7.34 | A | 68,434 | D | |
| Common stock | Aug 29, 2018 | F | 12,720 | $29.01 | D | 55,714 | D | |
| Common stockF1 | Aug 29, 2018 | S | 11,350 | $29.03 | D | 44,364 | D | |
| Common stockF2 | Aug 30, 2018 | S | 17,274 | $28.72 | D | 27,090 | D | |
| Common stockF3 | Aug 31, 2018 | S | 8,656 | $28.31 | D | 18,434 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $7.34 | Aug 29, 2018 | M | 50,000 | D | — | Aug 26, 2025 | Common Stock | 50,000 | 170,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.18. The reporting person undertakes to provide to Golden Entertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.70 to $28.82. The reporting person undertakes to provide to Golden Entertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.30 to $28.36. The reporting person undertakes to provide to Golden Entertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to Form 4.
- F4The options, representing a right to purchase a total of 220,000 shares of common stock, became exercisable 1/4 of the total number of shares on 08/27/16, and 1/48 of the total number of shares of on the last day of each one month period following 08/27/16.