SEC Form 4 · accession 0001209191-18-049092
Pinnacle Entertainment, Inc. · PNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Virginia E Shanks
Officer — EVP and Chief Admin. Officer
Period of report
Aug 31, 2018
Accepted (ET)
Aug 31, 2018 · 4:31 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 31, 2018 | M | 42,000 | $2.86 | A | 255,296 | D | |
| Common Stock | Aug 31, 2018 | M | 29,268 | $6.19 | A | 284,564 | D | |
| Common Stock | Aug 31, 2018 | M | 30,770 | $6.97 | A | 315,334 | D | |
| Common Stock | Aug 31, 2018 | M | 26,010 | $10.55 | A | 341,344 | D | |
| Common Stock | Aug 31, 2018 | M | 50,000 | $11.51 | A | 391,344 | D | |
| Common Stock | Aug 31, 2018 | F | 94,237 | $34.27 | D | 297,107 | D | |
| Common Stock | holding | — | — | — | 242,787 | I | By Shanks Family Trust |
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)F1 | $2.86 | Aug 31, 2018 | M | 42,000 | D | — | May 22, 2019 | Common Stock | 42,000 | 0 | D |
| Stock Options (Right to Buy)F2 | $6.19 | Aug 31, 2018 | M | 29,268 | D | — | May 21, 2020 | Common Stock | 29,268 | 0 | D |
| Stock Options (Right to Buy)F3 | $6.97 | Aug 31, 2018 | M | 30,770 | D | — | May 20, 2021 | Common Stock | 30,770 | 0 | D |
| Stock Options (Right to Buy)F4 | $10.55 | Aug 31, 2018 | M | 26,010 | D | — | Oct 5, 2022 | Common Stock | 26,010 | 26,010 | D |
| Stock Options (Right to Buy)F5 | $11.51 | Aug 31, 2018 | M | 50,000 | D | — | Apr 28, 2023 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The stock options vested in four annual installments on May 22, 2013, 2014, 2015 and 2016.
- F2The stock options vested in four annual installments on May 21, 2014, 2015, 2016 and 2017.
- F3The stock options vested in four annual installments on May 20, 2015, 2016, 2017 and 2018.
- F4The stock options vest in four annual installments on October 5, 2016, 2017, 2018 and 2019.
- F5The stock options vest in four annual installments on April 28, 2017, 2018, 2019 and 2020.