SEC Form 4 · accession 0001209191-17-050559
Pinnacle Entertainment, Inc. · PNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jaynie M Studenmund
Director
Period of report
Aug 25, 2017
Accepted (ET)
Aug 29, 2017 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001656239
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 25, 2017 | M | 10,000 | $2.86 | A | 78,230 | D | |
| Common Stock | Aug 25, 2017 | M | 10,000 | $3.29 | A | 88,230 | D | |
| Common StockF1 | Aug 25, 2017 | S | 20,000 | $19.89 | D | 68,230 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $2.86 | Aug 25, 2017 | M | 10,000 | D | May 22, 2012 | May 22, 2019 | Common Stock | 10,000 | 0 | D |
| Stock Options (Right to Buy)F3 | $3.29 | Aug 25, 2017 | M | 10,000 | D | Mar 19, 2012 | Mar 19, 2019 | Common Stock | 10,000 | 0 | 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 $19.80 to $19.90, inclusive. The reporting person undertakes to provide to Pinnacle Entertainment, Inc., any security holder of Pinnacle 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 ranges set forth in footnote (1) to this Form 4.
- F2All of the stock options vested on the date of grant on May 22, 2012.
- F3All of the stock options vested on the date of grant on March 19, 2012.