PINNACLE ENTERTAINMENT INC 4
4 · PINNACLE ENTERTAINMENT INC · Filed Aug 8, 2005
Insider Transaction Report
Form 4
ORNEST MICHAEL
Director
Transactions
- Sale
Common Stock
2005-08-04$24.01/sh−300$7,203→ 3,700 total - Sale
Common Stock
2005-08-04$24.00/sh−6,000$144,000→ 3,600 total - Exercise/Conversion
Stock Options (Right to Buy)
2005-08-04−4,000→ 6,000 totalExercise: $5.84Exp: 2013-06-09→ Common Stock (4,000 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2005-08-04−9,600→ 2,400 totalExercise: $9.62Exp: 2012-06-18→ Common Stock (9,600 underlying) - Exercise/Conversion
Common Stock
2005-08-04$9.62/sh+9,600$92,352→ 9,600 total - Sale
Common Stock
2005-08-04$24.02/sh−2,000$48,040→ 0 total - Exercise/Conversion
Stock Options (Right to Buy)
2005-08-04−2,000→ 8,000 totalExercise: $11.70Exp: 2014-05-03→ Common Stock (2,000 underlying) - Sale
Common Stock
2005-08-04$24.00/sh−3,700$88,800→ 0 total - Exercise/Conversion
Common Stock
2005-08-04$8.75/sh+2,000$17,500→ 2,000 total - Sale
Common Stock
2005-08-04$24.00/sh−1,600$38,400→ 0 total - Sale
Common Stock
2005-08-04$24.02/sh−1,000$24,020→ 0 total - Exercise/Conversion
Common Stock
2005-08-04$14.75/sh+5,000$73,750→ 5,000 total - Sale
Common Stock
2005-08-04$24.01/sh−400$9,604→ 1,600 total - Sale
Common Stock
2005-08-04$24.03/sh−3,000$72,090→ 0 total - Exercise/Conversion
Common Stock
2005-08-04$5.84/sh+4,000$23,360→ 4,000 total - Exercise/Conversion
Stock Options (Right to Buy)
2005-08-04−5,000→ 0 totalExercise: $14.75Exp: 2009-08-05→ Common Stock (5,000 underlying) - Sale
Common Stock
2005-08-04$24.01/sh−2,600$62,426→ 1,000 total
Footnotes (5)
- [F1]The stock options were granted on 6/9/2003 at a price of $5.84. These options vest in five equal annual installments beginning June 9, 2004, so that 100% of the stock options will be vested on June 9, 2008.
- [F2]The stock options were granted on 8/5/1999 at a price of $14.75. These options vested in three equal installments beginning 8/5/2000 so that 100% of the options were vested by 8/5/2002.
- [F3]The stock options were granted on 6/18/2002 at a price of $9.62. The stock options vest 50% at grant date and remainder in five equal installments beginning June 18, 2003 so that 100% of the stock options will be vested on June 18, 2007.
- [F4]The stock options were granted on 5/3/2004 at a price of $11.70. The stock options vest in five equal annual installments beginning 5/3/2005, so that 100% of the stock options will be vested on May 3, 2009.
- [F5]The stock options were granted on 12/16/1998 at a price of $8.75 The stock options vested in three equal annual installments beginning 12/16/1998, so that 100% of the stock options were vested by December 16, 2000.