Blake L. Sartini - 14 Mar 2025 Form 4 Insider Report for GOLDEN ENTERTAINMENT, INC. (GDEN)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/Charles H. Protell, attorney-in-fact
Issuer symbol
GDEN
Transactions as of
14 Mar 2025
Net transactions value
-$784,106
Form type
4
Filing time
14 Mar 2025, 20:40:16 UTC
Previous filing
31 May 2024
Next filing
04 Apr 2025
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 +11,177 11,177 14 Mar 2025 Direct F1
transaction GDEN Common Stock Options Exercise +30,042 +269% 41,219 14 Mar 2025 Direct F1
transaction GDEN Common Stock Options Exercise +15,225 +37% 56,444 14 Mar 2025 Direct F1
transaction GDEN Common Stock Options Exercise +19,696 +35% 76,140 14 Mar 2025 Direct F1
transaction GDEN Common Stock Tax liability $784,106 -29,962 -39% $26.17 46,178 14 Mar 2025 Direct F2
holding GDEN Common Stock 5,598,610 14 Mar 2025 By Trust F3

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 Restricted Stock Units Award $0 +69,799 $0.000000 69,799 14 Mar 2025 Common Stock 69,799 Direct F4, F5
transaction GDEN Restricted Stock Units Options Exercise $0 -11,177 -100% $0.000000 0 14 Mar 2025 Common Stock 11,177 Direct F4, F6
transaction GDEN Restricted Stock Units Options Exercise $0 -30,042 -100% $0.000000 0 14 Mar 2025 Common Stock 30,042 Direct F4, F6
transaction GDEN Restricted Stock Units Options Exercise $0 -15,225 -50% $0.000000 15,229 14 Mar 2025 Common Stock 15,225 Direct F4, F6
transaction GDEN Restricted Stock Units Options Exercise $0 -19,696 -33% $0.000000 39,392 14 Mar 2025 Common Stock 19,696 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 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.
F3 Shares are owned directly by The Blake L. Sartini and Delise F. Sartini Family Trust, of which Blake Sartini and Delise Sartini are co-trustees.
F4 Each restricted stock unit represents a contingent right to receive one share of common stock.
F5 Represents time-based RSUs. RSUs that have not been forfeited shall vest as to one-third on March 14, 2026, one-third on March 14, 2027 and one-third on March 14, 2028.
F6 Represents time-based restricted stock units that vested.