SEC Form 4 · accession 0001437749-15-014769
GOLDEN ENTERTAINMENT, INC. · GDEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blake L Sartini
Officer — Chairman, President and CEO · Director · 10% Owner
Period of report
Jul 31, 2015
Accepted (ET)
Aug 4, 2015 · 9:03 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 StockF1,F2 | Jul 31, 2015 | A | 7,772,736 | — | A | 7,772,736 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Blake L. Sartini and Delise F. Sartini Family Trust acquired 7,772,736 shares of issuer common stock pursuant to that certain Agreement and Plan of Merger, dated as of January 25, 2015, by and among Lakes Entertainment, Inc., LG Acquisition Corporation, Sartini Gaming, Inc., and the Blake L. Sartini and Delise F. Sartini Family Trust, as amended (the "Merger Agreement"), in exchange for 100% of the outstanding common stock of Sartini Gaming, Inc., in connection with the merger of LG Acquisition Corporation with and into Sartini Gaming, Inc. The reporting person and his wife are co-trustees and co-beneficiaries of The Blake L. Sartini and Delise F. Sartini Family Trust. Of the 7,772,736 shares, 388,637 shares are being held in escrow as security for the post-closing adjustment in accordance with the Merger Agreement, and 777,274 shares are being held in escrow as security for claims for indemnifiable losses in accordance with the Merger Agreement.
- F2Shares held indirectly by The Blake L. Sartini and Delise F. Sartini Family Trust.