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

Signature
/s/ Protell, Charles
Stock symbol
GDEN
Transactions as of
Dec 18, 2023
Transactions value $
-$2,420,958
Form type
4
Date filed
12/20/2023, 09:05 PM
Previous filing
Jul 14, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDEN Common Stock Options Exercise $238K +22.5K +3.49% $10.57 666K Dec 18, 2023 Direct F1
transaction GDEN Common Stock Tax liability -$505K -12.4K -1.86% $40.72 654K Dec 18, 2023 Direct
transaction GDEN Common Stock Sale -$414K -10.1K -1.55% $41.00 644K Dec 18, 2023 Direct F2
transaction GDEN Common Stock Options Exercise $291K +27.5K +4.27% $10.57 671K Dec 19, 2023 Direct
transaction GDEN Common Stock Tax liability -$611K -15.2K -2.26% $40.24 656K Dec 19, 2023 Direct
transaction GDEN Common Stock Sale -$493K -12.3K -1.87% $40.09 644K Dec 19, 2023 Direct F3
transaction GDEN Common Stock Options Exercise $317K +30K +4.66% $10.57 674K Dec 20, 2023 Direct
transaction GDEN Common Stock Tax liability -$682K -16.4K -2.43% $41.60 657K Dec 20, 2023 Direct
transaction GDEN Common Stock Sale -$562K -13.6K -2.06% $41.42 644K Dec 20, 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 -22.5K -9% $0.00 228K Dec 18, 2023 Common Stock 22.5K $10.57 Direct F5
transaction GDEN Stock Option Options Exercise $0 -27.5K -12.09% $0.00 200K Dec 19, 2023 Common Stock 27.5K $10.57 Direct F5
transaction GDEN Stock Option Options Exercise $0 -30K -15% $0.00 170K Dec 20, 2023 Common Stock 30K $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.