SEC Form 4 · accession 0001209191-18-048382
Pinnacle Entertainment, Inc. · PNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Troy A Stremming
Officer — EVP, Gov't Relations
Period of report
Aug 24, 2018
Accepted (ET)
Aug 24, 2018 · 4:44 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 24, 2018 | M | 30,000 | $6.50 | A | 174,285 | D | |
| Common Stock | Aug 24, 2018 | F | 16,912 | $34.52 | D | 157,373 | D | |
| Common Stock | Aug 24, 2018 | M | 19,490 | $6.97 | A | 176,863 | D | |
| Common Stock | Aug 24, 2018 | F | 11,131 | $34.52 | D | 165,732 | D | |
| Common Stock | Aug 24, 2018 | M | 17,000 | $11.51 | A | 182,732 | D | |
| Common Stock | Aug 24, 2018 | F | 10,910 | $34.52 | D | 171,822 | D | |
| Common Stock | Aug 24, 2018 | M | 12,667 | $10.55 | A | 184,489 | D | |
| Common Stock | Aug 24, 2018 | F | 7,941 | $34.52 | D | 176,548 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Right to Buy (Stock Options)F1 | $6.50 | Aug 24, 2018 | M | 30,000 | D | — | Aug 13, 2020 | Common Stock | 30,000 | 0 | D |
| Right to Buy (Stock Options)F2 | $6.97 | Aug 24, 2018 | M | 19,490 | D | — | May 20, 2021 | Common Stock | 19,490 | 0 | D |
| Right to Buy (Stock Options)F3 | $11.51 | Aug 24, 2018 | M | 17,000 | D | — | Apr 28, 2023 | Common Stock | 17,000 | 17,000 | D |
| Right to Buy (Stock Options)F4 | $10.55 | Aug 24, 2018 | M | 12,667 | D | — | Oct 5, 2022 | Common Stock | 12,667 | 12,667 | D |
Explanation of responses
- F1The stock options vested in four annual installments on August 13, 2014, 2015, 2016 and 2017.
- F2The stock options vested in four annual installments on May 20, 2015, 2016, 2017 and 2018.
- F3The stock options vest in four annual installments on April 28, 2017, 2018, 2019 and 2020.
- F4The stock options vest in four annual installments on October 5, 2016, 2017, 2018 and 2019.