Filing Details
- Accession Number:
- 0001242287-10-000011
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-04 20:16:17
- Reporting Period:
- 2010-11-02
- Filing Date:
- 2010-11-04
- Accepted Time:
- 2010-11-04 20:16:17
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 356213 | Pinnacle Entertainment Inc. | PNK | Services-Miscellaneous Amusement & Recreation (7990) | 953667491 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1242287 | H Stephen Capp | C/O Pinnacle Entertainment, Inc. 8918 Spanish Ridge Avenue Las Vegas NV 89148 | Exec. Vice Pres. & Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-11-02 | 7,000 | $6.05 | 49,500 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-02 | 7,000 | $13.51 | 42,500 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-11-03 | 18,000 | $6.05 | 60,500 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-03 | 18,000 | $13.51 | 42,500 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-11-04 | 50,000 | $6.05 | 92,500 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-04 | 50,000 | $13.97 | 42,500 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options (Right to Buy) | Disposition | 2010-11-02 | 7,000 | $0.00 | 7,000 | $6.05 |
| Common Stock | Stock Options (Right to Buy) | Disposition | 2010-11-03 | 18,000 | $0.00 | 18,000 | $6.05 |
| Common Stock | Stock Options (Right to Buy) | Disposition | 2010-11-04 | 50,000 | $0.00 | 50,000 | $6.05 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 87,937 | 2013-01-11 | No | 4 | M | Direct | |
| 69,937 | 2013-01-11 | No | 4 | M | Direct | |
| 19,937 | 2013-01-11 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 7,311 | Indirect | By 401(k) Plan |
Footnotes
- On May 20, 2010, May 17, 2010 and May 10, 2010, the reporting person filed Form 4s (the "Form 4s") and disclosed owning directly 5,000 shares of the issuer's common stock following the transactions reported in such Form 4s. The reporting person inadvertently omitted in the Form 4s that he owned directly an additional 37,500 shares of the issuer's common stock following the transactions reported in the Form 4s. Following the transactions reported in the Form 4s and prior to the transactions reported in this Form 4, the reporting person directly owned a total of 42,500 shares of the issuer's common stock.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2010.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.50 to $13.54, inclusive. The reporting person undertakes to provide to Pinnacle Entertainment, Inc., any security holder of Pinnacle Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnote (3) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.50 to $13.56, inclusive. The reporting person undertakes to provide to Pinnacle Entertainment, Inc., any security holder of Pinnacle Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnote (4) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.82 to $14.06, inclusive. The reporting person undertakes to provide to Pinnacle Entertainment, Inc., any security holder of Pinnacle Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnote (5) to this Form 4.
- The stock options vested in five equal annual installments on January 11, 2004, January 11, 2005, January 11, 2006, January 11, 2007 and January 11, 2008.
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