Pinnacle Entertainment Inc. (PNK): HG Vora Capital Management Ups Its Stake

Page 6 of 10

Page 6 of 10 – SEC Filing
Item 4.
Ownership.
A.
HG Vora Special Opportunities Master Fund, Ltd.
(a)
Amount beneficially owned:
As of June 23, 2016, directly owned:  5,000,000 shares of Common Stock.
(b)
Percent of class:
8.2%.  The percentages used herein and in the balance of this Item 4 are rounded to the nearest tenth and based on 61,054,313 shares of the Issuer’s Common Stock outstanding as of May 9, 2016, according to the Issuer’s 10Q filed on May 12, 2016.
(c)
Number of shares as to which the person has:
(i)
Sole power to vote or to direct the vote:  0
(ii)
Shared power to vote or to direct the vote:  5,000,000
(iii)
Sole power to dispose or to direct the disposition of:  0
(iv)
Shared power to dispose or to direct the disposition of:  5,000,000
B.
HG Vora Capital Management, LLC
(a)
Amount beneficially owned:
As of June 23, 2016, may be deemed to have beneficially owned:  5,000,000 shares of Common Stock.
(b)
Percent of class:
8.2%.
(c)
Number of shares as to which the person has:
(i)
Sole power to vote or to direct the vote:  0
(ii)
Shared power to vote or to direct the vote:  5,000,000
(iii)
Sole power to dispose or to direct the disposition of:  0
(iv)
Shared power to dispose or to direct the disposition of:  5,000,000

Follow Pinnacle Entertainment Inc.

Page 6 of 10