Blake L. Sartini - Mar 14, 2023 Form 4 Insider Report for GOLDEN ENTERTAINMENT, INC. (GDEN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Charles H. Protell, attorney-in-fact
Stock symbol
GDEN
Transactions as of
Mar 14, 2023
Transactions value $
-$6,502,882
Form type
4
Date filed
3/16/2023, 07:32 PM
Previous filing
Mar 16, 2023
Next filing
Oct 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDEN Common Stock Award $0 +43.4K +7.78% $0.00 602K Mar 14, 2023 Direct F1
transaction GDEN Common Stock Award $0 +28.6K +4.75% $0.00 630K Mar 14, 2023 Direct F2
transaction GDEN Common Stock Tax liability -$6.5M -155K -24.61% $41.92 475K Mar 14, 2023 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 3/14/2024, one-third on 3/14/2025 and one-third on 3/14/2026.
F2 Represents shares "earned" under performance-based restricted stock units (PSUs) granted on 3/11/2022 and represents contingent rights to receive common stock. PSUs that have not been forfeited shall vest on 3/14/2025.
F3 In accordance with the 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.