Thomas Winter - Dec 29, 2021 Form 4 Insider Report for Golden Nugget Online Gaming, Inc. (GNOG)

Role
President
Signature
/s/ Michael Harwell, Attorney-in-Fact
Stock symbol
GNOG
Transactions as of
Dec 29, 2021
Transactions value $
-$994,496
Form type
4
Date filed
1/3/2022, 06:52 PM
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNOG Class A Common Stock Options Exercise +250K 250K Dec 29, 2021 Direct F1
transaction GNOG Class A Common Stock Tax liability -$949K -98.4K -39.35% $9.65 152K Dec 29, 2021 Direct
transaction GNOG Class A Common Stock Options Exercise +15.2K +10.04% 167K Jan 1, 2022 Direct F1
transaction GNOG Class A Common Stock Tax liability -$45.2K -4.47K -2.68% $10.10 162K Jan 1, 2022 Direct

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 GNOG Restricted Stock Units Options Exercise $0 -250K -25% $0.00 750K Dec 29, 2021 Class A Common Stock 250K Direct F1, F2
transaction GNOG Restricted Stock Units Options Exercise $0 -15.2K -1.95% $0.00 765K Jan 1, 2022 Class A Common Stock 15.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F2 On December 29, 2020, the reporting person was granted 1,000,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3 On January 1, 2021, the reporting person was granted 30,457 restricted stock units, vesting in two equal annual installments beginning on the first anniversary of the grant date.