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

Role
EVP of Operations
Signature
/s/ Charles H. Protell, attorney-in-fact
Stock symbol
GDEN
Transactions as of
Mar 14, 2023
Transactions value $
-$1,392,792
Form type
4
Date filed
3/16/2023, 07:34 PM
Previous filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDEN Common Stock Award $0 +12.1K +6.44% $0.00 200K Mar 14, 2023 Direct F1
transaction GDEN Common Stock Award $0 +7.53K +3.77% $0.00 207K Mar 14, 2023 Direct F2
transaction GDEN Common Stock Tax liability -$1.39M -33.2K -16.03% $41.92 174K 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.