Tilman J. Fertitta - Apr 14, 2022 Form 4 Insider Report for Golden Nugget Online Gaming, Inc. (GNOG)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Michael Harwell, Attorney-in-Fact
Stock symbol
GNOG
Transactions as of
Apr 14, 2022
Transactions value $
$0
Form type
4
Date filed
4/14/2022, 06:24 PM
Previous filing
Jul 2, 2021
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNOG Class A Common Stock Options Exercise +133K +3.26% 4.22M Apr 14, 2022 Direct F1

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 -83.3K -33.33% $0.00 167K Apr 14, 2022 Class A Common Stock 83.3K Direct F1, F2
transaction GNOG Restricted Stock Units Options Exercise $0 -50K -33.33% $0.00 100K Apr 14, 2022 Class A Common Stock 50K 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 April 14, 2021, Mr. Fertitta was granted 250,000 restricted stock units vesting in three equal annual installments on each of the first three anniversaries of the grant date, subject to Mr. Fertitta's continued service with the Issuer.
F3 On April 14, 2021, Mr. Fertitta was granted 150,000 restricted units vesting on each of the first three anniversaries of the grant date, subject to Mr. Fertitta's continued service with the Issuer and only to the extent that the Class A Common Stock has attained a closing stock price of at least $20 for ten consecutive trading days during a 90-trading-day period prior to the end of the third anniversary of the grant date.