Statement of Changes in Beneficial Ownership (4)
16 Abril 2021 - 6:51PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
FERTITTA TILMAN J |
2. Issuer Name and Ticker or Trading Symbol
Golden Nugget Online Gaming, Inc.
[
GNOG
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer |
(Last)
(First)
(Middle)
1510 WEST LOOP SOUTH |
3. Date of Earliest Transaction
(MM/DD/YYYY)
4/14/2021 |
(Street)
HOUSTON, TX 77027
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Units | (1) | 4/14/2021 | | A | | 250000 | | (2) | (2) | Class A Common Stock | 250000 | $0 | 250000 | D | |
Restricted Stock Units | (1) | 4/14/2021 | | A | | 150000 | | (3) | (3) | Class A Common Stock | 150000 | $0 | 150000 | D | |
Explanation of Responses: |
(1) | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer. |
(2) | The restricted stock units vest 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. |
(3) | The restricted stock units vest 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. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
FERTITTA TILMAN J 1510 WEST LOOP SOUTH HOUSTON, TX 77027 | X | X | Chief Executive Officer |
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Signatures
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/s/ Elliott Smith, Attorney-in-Fact | | 4/16/2021 |
**Signature of Reporting Person | Date |
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