Blake L. Sartini - Mar 11, 2022 Form 4 Insider Report for GOLDEN ENTERTAINMENT, INC. (GDEN)

Signature
/s/ Charles H. Protell, attorney-in-fact
Stock symbol
GDEN
Transactions as of
Mar 11, 2022
Transactions value $
-$4,014,402
Form type
4
Date filed
3/15/2022, 07:56 PM
Previous filing
Mar 2, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDEN Common Stock Award $0 +31.9K +7.37% $0.00 465K Mar 11, 2022 Direct F1
transaction GDEN Common Stock Award $0 +414K +89.06% $0.00 878K Mar 11, 2022 Direct F2
transaction GDEN Common Stock Tax liability -$4.01M -76.2K -8.68% $52.67 802K Mar 14, 2022 Direct F3
holding GDEN Common Stock 5M Mar 11, 2022 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based restricted stock units (RSUs), which are contingent rights to receive common stock. RSUs that have not been forfeited shall vest as to one third on 3/14/2023, one third on 3/14/2024 and one third on 3/14/2025.
F2 Represents shares "earned" under performance-based restricted stock units (PSUs) granted on 3/13/2020 and 3/12/2021, and represents contingent rights to receive common stock. PSUs that have not been forfeited shall vest on 3/14/2023 for PSUs granted on 3/13/2020 and on 3/14/2024 for PSUs granted on 3/12/2021.
F3 In accordance with recipient's restricted stock unit award agreements, these shares were withheld by Golden Entertainment, Inc. to satisfy minimum statutory income tax withholding obligations upon vesting of restricted stock units.
F4 Shares are owned directly by The Blake L. Sartini and Delise F. Sartini Family Trust, of which Blake Sartini and Delise Sartini are co-trustees.