Sec Form 4/A Filing - SARTINI BLAKE L @ GOLDEN ENTERTAINMENT, INC. - 2015-11-06

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4/A
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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
SARTINI BLAKE L
2. Issuer Name and Ticker or Trading Symbol
GOLDEN ENTERTAINMENT, INC. [ GDEN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman, President and CEO
(Last) (First) (Middle)
6595 S. JONES BLVD.
3. Date of Earliest Transaction (MM/DD/YY)
11/06/2015
(Street)
LAS VEGAS, NV89118
4. If Amendment, Date Original Filed (MM/DD/YY)
11/10/2015
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/06/2015 S( 1 ) 225,000 D 7,696,393 I By Trust ( 2 )
Common Stock 11/06/2015 S( 1 ) 225,000 D 7,471,393 I By Trust ( 2 )
Common Stock 11/06/2015 S( 1 ) 225,000 D 7,246,393 I By Trust ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SARTINI BLAKE L
6595 S. JONES BLVD.
LAS VEGAS, NV89118
X X Chairman, President and CEO
Blake L. Sartini & Delise F. Sartini Family Trust
6595 S. JONES BLVD.
LAS VEGAS, NV89118
X X
SARTINI DELISE F
6595 S. JONES BLVD.
LAS VEGAS, NV89118
X X
Signatures
/s/ Blake L. Sartini 12/04/2015
Signature of Reporting Person Date
/s/ Blake L. Sartini, Co-Trustee 12/04/2015
Signature of Reporting Person Date
/s/ Delise F. Sartini, Co-Trustee 12/04/2015
Signature of Reporting Person Date
/s/ Delise F. Sartini 12/04/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On November 2, 2015, The Blake L. Sartini and Delise F. Sartini Family Trust (the "Trust") contributed 750,000 shares of common stock to D'Oro Holdings, LLC (the "LLC"), in exchange for 750,000 units of membership interest in the LLC, in a transaction exempt under Rule 16a-13. On November 4, 2015, the Trust made gifts of 25,000 LLC units to each of three separate trusts formed for the benefit of each of Mr. and Ms. Sartini's children (the "Children's Trusts") in transactions exempt under Rule 16b-5.
( 2 )These shares are owned directly by the Trust (except for the shares held by the LLC prior to the LLC unit sales, which were owned indirectly by the Trust), and indirectly by Blake L. Sartini and Delise F. Sartini, as co-trustees of the Trust.
( 3 )On November 6, 2015, the Trust sold 225,000 LLC units in private sales to each of the three Children's Trusts in exchange for a promissory note from each trust in a principal amount to be subsequently determined by an independent appraisal of the fair market value of such LLC units as of the sale date. The value so determined will represent the aggregate purchase price for such 225,000 units. This Amendment is filed to report the value of each block of 225,000 LLC units and the principal amount of each of the promissory notes from the Children's Trusts, which has been determined by the independent appraisal to be $1,148,000.

Remarks:
The Blake L. Sartini and Delise F. Sartini Family Trust and Delise F. Sartini are Directors by Deputization.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.