Filing Details

Accession Number:
0001478531-11-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-14 20:12:50
Reporting Period:
2011-01-13
Filing Date:
2011-01-14
Accepted Time:
2011-01-14 20:12:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
356213 Pinnacle Entertainment Inc. PNK Hotels & Motels (7011) 953667491
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1478531 D. Clifford Kortman C/O Pinnacle Entertainment, Inc.
8918 Spanish Ridge Avenue
Las Vegas NV 89148
Evp Of Construction And Dev. 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 2011-01-13 10,000 $5.95 37,500 No 4 M Direct
Common Stock Disposition 2011-01-13 10,000 $14.51 27,500 No 4 S Direct
Common Stock Acquisiton 2011-01-13 37,500 $9.62 65,000 No 4 M Direct
Common Stock Disposition 2011-01-13 37,500 $14.76 27,500 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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2011-01-13 10,000 $0.00 10,000 $5.95
Common Stock Stock Options (Right to Buy) Disposition 2011-01-13 37,500 $0.00 37,500 $9.62
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-01-29 No 4 M Direct
37,500 2012-06-18 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,719 Indirect By 401(k) Plan
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2010.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.31 to $14.76, 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 (2) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.55 to $14.90, 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.
  4. The stock options vested in three equal annual installments on January 29, 2003, January 29, 2004 and January 29, 2005.
  5. The stock options vested in five equal annual installments on June 18, 2003, June 18, 2004, June 18, 2005, June 18, 2006 and June 18, 2007.