Charles Protell - 11 Mar 2022 Form 4 Insider Report for GOLDEN ENTERTAINMENT, INC. (GDEN)

Signature
/s/ Protell, Charles
Issuer symbol
GDEN
Transactions as of
11 Mar 2022
Net transactions value
-$1,920,822
Form type
4
Filing time
15 Mar 2022, 19:59:48 UTC
Previous filing
06 Aug 2021
Next filing
15 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDEN Common Stock Award $0 +18,338 +3.9% $0.000000 488,960 11 Mar 2022 Direct F1
transaction GDEN Common Stock Award $0 +227,490 +47% $0.000000 716,450 11 Mar 2022 Direct F2
transaction GDEN Common Stock Tax liability $1,920,822 -36,469 -5.1% $52.67 679,981 14 Mar 2022 Direct F3
* 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.