STREMMING TROY A (EVP, Gov't Relations) exercised options at PINNACLE ENTERTAINMENT, INC.

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

M · 4 exercises

STREMMING TROY A

Filed: 8/24/2018ACC: 0001209191-18-048382

InsiderSTREMMING TROY ACIK 1583971

→

IssuerPINNACLE ENTERTAINMENT, INC.CIK 1656239

Officer· EVP, Gov't Relations

Since Aug 2018

-46.89K

Net shares

Net seller

$1.62M

Total sold

Open market trades

0B · 0S

Total transactions

79.16K acquired · 126.05K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+30K

Price / share

$6.50

Trade value

$195K

% of position

20.8%

8/24/2018

144.28K→174.28K

Common Stock

Direct

F · Tax Withholding

−16.91K

Price / share

$34.52

Trade value

$583.80K

% of position

9.7%

8/24/2018

174.28K→157.37K

Common Stock

Direct

M · Option Exercise

+19.49K

Price / share

$6.97

Trade value

$135.85K

% of position

12.4%

8/24/2018

157.37K→176.86K

Common Stock

Direct

F · Tax Withholding

−11.13K

Price / share

$34.52

Trade value

$384.24K

% of position

6.3%

8/24/2018

176.86K→165.73K

Common Stock

Direct

M · Option Exercise

+17K

Price / share

$11.51

Trade value

$195.67K

% of position

10.3%

8/24/2018

165.73K→182.73K

Common Stock

Direct

F · Tax Withholding

−10.91K

Price / share

$34.52

Trade value

$376.61K

% of position

6.0%

8/24/2018

182.73K→171.82K

Common Stock

Direct

M · Option Exercise

+12.67K

Price / share

$10.55

Trade value

$133.64K

% of position

7.4%

8/24/2018

171.82K→184.49K

Common Stock

Direct

F · Tax Withholding

−7.94K

Price / share

$34.52

Trade value

$274.12K

% of position

4.3%

8/24/2018

184.49K→176.55K

Total

Net shares

+32.26K

Net value

-$958.63K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/24/2018	M · Option Exercise	+30K	$6.50	$195K	20.8%	144.28K	174.28K
Common Stock Direct	8/24/2018	F · Tax Withholding	−16.91K	$34.52	$583.80K	9.7%	174.28K	157.37K
Common Stock Direct	8/24/2018	M · Option Exercise	+19.49K	$6.97	$135.85K	12.4%	157.37K	176.86K
Common Stock Direct	8/24/2018	F · Tax Withholding	−11.13K	$34.52	$384.24K	6.3%	176.86K	165.73K
Common Stock Direct	8/24/2018	M · Option Exercise	+17K	$11.51	$195.67K	10.3%	165.73K	182.73K
Common Stock Direct	8/24/2018	F · Tax Withholding	−10.91K	$34.52	$376.61K	6.0%	182.73K	171.82K
Common Stock Direct	8/24/2018	M · Option Exercise	+12.67K	$10.55	$133.64K	7.4%	171.82K	184.49K
Common Stock Direct	8/24/2018	F · Tax Withholding	−7.94K	$34.52	$274.12K	4.3%	184.49K	176.55K
Total			+32.26K		-$958.63K

Derivative Transactions4

Right to Buy (Stock Options)

Direct

M · Option Exercise

Converts to

Common Stock

30K shares

−30K

Strike price

6.50

Held after

0.00

Exercisable

—

8/24/2018

Right to Buy (Stock Options)

Direct

M · Option Exercise

Converts to

Common Stock

19.49K shares

−19.49K

Strike price

6.97

Held after

0.00

Exercisable

—

8/24/2018

Right to Buy (Stock Options)

Direct

M · Option Exercise

Converts to

Common Stock

17K shares

−17K

Strike price

11.51

Held after

17K

Exercisable

—

8/24/2018

Right to Buy (Stock Options)

Direct

M · Option Exercise

Converts to

Common Stock

12.67K shares

−12.67K

Strike price

10.55

Held after

12.67K

Exercisable

—

8/24/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Right to Buy (Stock Options) Direct	Common Stock30K shares	8/24/2018	M · Option Exercise	−30K	6.50	—	0.00
Right to Buy (Stock Options) Direct	Common Stock19.49K shares	8/24/2018	M · Option Exercise	−19.49K	6.97	—	0.00
Right to Buy (Stock Options) Direct	Common Stock17K shares	8/24/2018	M · Option Exercise	−17K	11.51	—	17K
Right to Buy (Stock Options) Direct	Common Stock12.67K shares	8/24/2018	M · Option Exercise	−12.67K	10.55	—	12.67K