SANFILIPPO ANTHONY MICHAEL (Chairman and CEO) exercised options at PINNACLE ENTERTAINMENT, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/29/2018ACC: 0001209191-18-048866
DirectorOfficer· Chairman and CEO
Since Jul 2018
-87.69K
Net shares
Net seller
$3.03M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
200K acquired · 287.69K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+200K
Price / share
$2.56
Trade value
$512K
% of position
20.7%
8/27/2018
964.10K→1.16M
Common Stock
Direct
Shares
−87.69K
Price / share
$34.54
Trade value
$3.03M
% of position
7.5%
8/27/2018
1.16M→1.08M
Total
Net shares
+112.31K
Net value
-$2.52M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/27/2018 | M · Option Exercise | +200K | $2.56 | $512K | 20.7% | 964.10K | 1.16M |
| Common Stock Direct | 8/27/2018 | F · Tax Withholding | −87.69K | $34.54 | $3.03M | 7.5% | 1.16M | 1.08M |
| Total | +112.31K | -$2.52M | ||||||
Derivative Transactions1
Stock Options (Right to Buy)
Direct
Converts to
Common Stock
200K shares
Shares
−200K
Strike price
2.56
Held after
250K
Exercisable
—
8/27/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) Direct | Common Stock200K shares | 8/27/2018 | M · Option Exercise | −200K | 2.56 | — | 250K |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned1.81K
Common Stock
IndirectShares owned829.20K
Total
831K indirect831K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1.81K | Indirect |
| Common Stock | 829.20K | Indirect |
| Total | 831K | 831K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported