SHANKS VIRGINIA E (EVP and Chief Admin. Officer) exercised options at PINNACLE ENTERTAINMENT, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 5 exercises

SHANKS VIRGINIA E

Filed: 8/31/2018ACC: 0001209191-18-049092

InsiderSHANKS VIRGINIA ECIK 1269955

→

IssuerPINNACLE ENTERTAINMENT, INC.CIK 1656239

Officer· EVP and Chief Admin. Officer

Since Aug 2018

-94.24K

Net shares

Net seller

$3.23M

Total sold

Open market trades

0B · 0S

Total transactions

178.05K acquired · 272.29K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+42K

Price / share

$2.86

Trade value

$120.12K

% of position

19.7%

8/31/2018

213.30K→255.30K

Common Stock

Direct

M · Option Exercise

+29.27K

Price / share

$6.19

Trade value

$181.17K

% of position

11.5%

8/31/2018

255.30K→284.56K

Common Stock

Direct

M · Option Exercise

+30.77K

Price / share

$6.97

Trade value

$214.47K

% of position

10.8%

8/31/2018

284.56K→315.33K

Common Stock

Direct

M · Option Exercise

+26.01K

Price / share

$10.55

Trade value

$274.41K

% of position

8.2%

8/31/2018

315.33K→341.34K

Common Stock

Direct

M · Option Exercise

+50K

Price / share

$11.51

Trade value

$575.50K

% of position

14.6%

8/31/2018

341.34K→391.34K

Common Stock

Direct

F · Tax Withholding

−94.24K

Price / share

$34.27

Trade value

$3.23M

% of position

24.1%

8/31/2018

391.34K→297.11K

Total

Net shares

+83.81K

Net value

-$1.86M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/31/2018	M · Option Exercise	+42K	$2.86	$120.12K	19.7%	213.30K	255.30K
Common Stock Direct	8/31/2018	M · Option Exercise	+29.27K	$6.19	$181.17K	11.5%	255.30K	284.56K
Common Stock Direct	8/31/2018	M · Option Exercise	+30.77K	$6.97	$214.47K	10.8%	284.56K	315.33K
Common Stock Direct	8/31/2018	M · Option Exercise	+26.01K	$10.55	$274.41K	8.2%	315.33K	341.34K
Common Stock Direct	8/31/2018	M · Option Exercise	+50K	$11.51	$575.50K	14.6%	341.34K	391.34K
Common Stock Direct	8/31/2018	F · Tax Withholding	−94.24K	$34.27	$3.23M	24.1%	391.34K	297.11K
Total			+83.81K		-$1.86M

Derivative Transactions5

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

42K shares

−42K

Strike price

2.86

Held after

0.00

Exercisable

—

8/31/2018

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

29.27K shares

−29.27K

Strike price

6.19

Held after

0.00

Exercisable

—

8/31/2018

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

30.77K shares

−30.77K

Strike price

6.97

Held after

0.00

Exercisable

—

8/31/2018

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

26.01K shares

−26.01K

Strike price

10.55

Held after

26.01K

Exercisable

—

8/31/2018

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

50K shares

−50K

Strike price

11.51

Held after

50K

Exercisable

—

8/31/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Common Stock42K shares	8/31/2018	M · Option Exercise	−42K	2.86	—	0.00
Stock Options (Right to Buy) Direct	Common Stock29.27K shares	8/31/2018	M · Option Exercise	−29.27K	6.19	—	0.00
Stock Options (Right to Buy) Direct	Common Stock30.77K shares	8/31/2018	M · Option Exercise	−30.77K	6.97	—	0.00
Stock Options (Right to Buy) Direct	Common Stock26.01K shares	8/31/2018	M · Option Exercise	−26.01K	10.55	—	26.01K
Stock Options (Right to Buy) Direct	Common Stock50K shares	8/31/2018	M · Option Exercise	−50K	11.51	—	50K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned242.79K

Total

242.79K indirect242.79K

Security Title	Shares Owned	Ownership Type
Common Stock	242.79K	Indirect
Total	242.79K	242.79K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported