SEC Form 4 · accession 0001437749-15-020399
GOLDEN ENTERTAINMENT, INC. · GDEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owners
Delise F Sartini
Director · 10% Owner
Blake L Sartini
Officer — Chairman, President and CEO · Director · 10% Owner
Blake L. Sartini & Delise F. Sartini Family Trust
Director · 10% Owner
Period of report
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 5:01 pm EST
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 StockF2 | Nov 4, 2015 | G | 25,000 | $0.00 | D | 7,971,393 | I | By Trust |
| Common StockF2 | Nov 4, 2015 | G | 25,000 | $0.00 | D | 7,946,393 | I | By Trust |
| Common StockF2 | Nov 4, 2015 | G | 25,000 | $0.00 | D | 7,921,393 | I | By Trust |
| Common StockF3,F2 | Nov 6, 2015 | S$0 | 225,000 | — | D | 7,696,393 | I | By Trust |
| Common StockF3,F2 | Nov 6, 2015 | S$0 | 225,000 | — | D | 7,471,393 | I | By Trust |
| Common StockF3,F2 | Nov 6, 2015 | S$0 | 225,000 | — | D | 7,246,393 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 2, 2015, The Blake L. Sartini and Delise F. Sartini Family Trust (the "Trust") contributed 750,000 shares of common stock to D'Oro Holdings, LLC (the "LLC"), in exchange for 750,000 units of membership interest in the LLC, in a transaction exempt under Rule 16a-13. On November 4, 2015, the Trust made gifts of 25,000 LLC units to each of three separate trusts formed for the benefit of each of Mr. and Ms. Sartini's children (the "Children's Trusts") in transactions exempt under Rule 16b-5.
- F2These shares are owned directly by the Trust (except for the shares held by the LLC prior to the LLC unit sales, which were owned indirectly by the Trust), and indirectly by Blake L. Sartini and Delise F. Sartini, as co-trustees of the Trust.
- F3On November 6, 2015, the Trust sold 225,000 LLC units in private sales to each of the three Children's Trusts in exchange for a promissory note from each trust in a principal amount to be subsequently determined by an independent appraisal of the fair market value of such LLC units as of the sale date. The value so determined will represent the aggregate purchase price for such 225,000 units.
Remarks
The Blake L. Sartini and Delise F. Sartini Family Trust and Delise F. Sartini are Directors by Deputization.