Stephen Arcana - Apr 5, 2023 Form 4 Insider Report for GOLDEN ENTERTAINMENT, INC. (GDEN)

Role
EVP and COO
Signature
/s/ Charles H. Protell, attorney-in-fact
Stock symbol
GDEN
Transactions as of
Apr 5, 2023
Transactions value $
-$1,050,250
Form type
4
Date filed
4/6/2023, 08:23 PM
Previous filing
Mar 16, 2023
Next filing
Oct 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDEN Common Stock Sale -$476K -11.3K -4.34% $42.01 249K Apr 5, 2023 Direct F1, F2
transaction GDEN Common Stock Sale -$574K -13.7K -5.48% $42.01 236K Apr 6, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction(s) reflected in this Form 4 were effected pursuant to a 10b5-1 plan adopted by the reporting person on March 9, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.72 to $42.73. The reporting person undertakes to provide GoldenEntertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, complete information regarding the number of shares sold at each separate price within the range set for in this footnote (2) to Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.52 to $42.22. The reporting person undertakes to provide GoldenEntertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, complete information regarding the number of shares sold at each separate price within the range set for in this footnote (3) to Form 4.