Charles Protell - 18 Dec 2023 Form 4 Insider Report for GOLDEN ENTERTAINMENT, INC. (GDEN)

Role: President and CFO
Signature: /s/ Protell, Charles
Issuer symbol: GDEN
Transactions as of: 18 Dec 2023
Net transactions value: -$2,420,958
Form type: 4
Filing time: 20 Dec 2023, 21:05:38 UTC
Previous filing: 14 Jul 2023
Next filing: 22 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GDEN	Common Stock	Options Exercise	$237,825	+22,500	+3.5%	$10.57	666,343	18 Dec 2023	Direct	F1
transaction	GDEN	Common Stock	Tax liability	$504,765	-12,396	-1.9%	$40.72	653,947	18 Dec 2023	Direct
transaction	GDEN	Common Stock	Sale	$414,264	-10,104	-1.5%	$41.00	643,843	18 Dec 2023	Direct	F2
transaction	GDEN	Common Stock	Options Exercise	$290,675	+27,500	+4.3%	$10.57	671,343	19 Dec 2023	Direct
transaction	GDEN	Common Stock	Tax liability	$611,044	-15,185	-2.3%	$40.24	656,158	19 Dec 2023	Direct
transaction	GDEN	Common Stock	Sale	$492,506	-12,285	-1.9%	$40.09	643,873	19 Dec 2023	Direct	F3
transaction	GDEN	Common Stock	Options Exercise	$317,100	+30,000	+4.7%	$10.57	673,873	20 Dec 2023	Direct
transaction	GDEN	Common Stock	Tax liability	$682,448	-16,405	-2.4%	$41.60	657,468	20 Dec 2023	Direct
transaction	GDEN	Common Stock	Sale	$561,531	-13,557	-2.1%	$41.42	643,911	20 Dec 2023	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GDEN	Stock Option	Options Exercise	$0	-22,500	-9%	$0.000000	227,500	18 Dec 2023	Common Stock	22,500	$10.57	Direct	F5
transaction	GDEN	Stock Option	Options Exercise	$0	-27,500	-12%	$0.000000	200,000	19 Dec 2023	Common Stock	27,500	$10.57	Direct	F5
transaction	GDEN	Stock Option	Options Exercise	$0	-30,000	-15%	$0.000000	170,000	20 Dec 2023	Common Stock	30,000	$10.57	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 11,836 additional shares acquired since the date of the reporting person's last report through the issuance of a dividend equivalent on unvested time-based restricted stock units (RSUs) and earned but unvested performance-based stock units (PSUs) on August 25, 2023. Additional shares acquired through the dividend equivalent will follow the vesting schedule and conditions of the original grants.
F2	The price reported in Column 4 is the exact price. All shares were sold at an exact price of $41.00. The reporting person undertakes to provide to Golden Entertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full 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 $40.03 to $40.35. The reporting person undertakes to provide to Golden Entertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set for in this footnote (3) to Form 4.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.29 to $41.66. The reporting person undertakes to provide to Golden Entertainment, Inc., any security holder of Golden Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set for in this footnote (4) to Form 4.
F5	The options, representing a right to purchase a total of 250,000 shares of common stock, became exercisable 1/4 of the total number of shares on 11/27/17, and 1/48 of the total number of shares on the last day of each one month period following 11/27/17.