Protell Charles - Dec 21, 2023 Form 4 Insider Report for GOLDEN ENTERTAINMENT, INC. (GDEN)

Role
President and CFO
Signature
/s/ Protell, Charles
Stock symbol
GDEN
Transactions as of
Dec 21, 2023
Transactions value $
-$585,435
Form type
4
Date filed
12/22/2023, 09:00 PM
Previous filing
Dec 20, 2023
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDEN Common Stock Options Exercise $211K +20K +3.11% $10.57 664K Dec 21, 2023 Direct
transaction GDEN Common Stock Tax liability -$442K -11.1K -1.67% $39.88 653K Dec 21, 2023 Direct
transaction GDEN Common Stock Sale -$355K -8.91K -1.36% $39.83 644K Dec 21, 2023 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 GDEN Stock Option Options Exercise $0 -20K -11.76% $0.00 150K Dec 21, 2023 Common Stock 20K $10.57 Direct F2
holding GDEN Stock Option 25K Dec 21, 2023 Common Stock 25K $11.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.80 to $39.88. 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 (1) to Form 4.
F2 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.
F3 The options, representing a right to purchase a total of 25,000 shares of common stock, became exercisable 1/4 of the total number of shares on 3/19/18, and 1/48 of the total number of shares on the last day of each one month period following 3/19/18.