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Form 4 GOLDEN ENTERTAINMENT, For: May 27 Filed by: Marnell Anthony A. III

May 27, 2022 7:08 PM EDT
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Marnell Anthony A. III

(Last) (First) (Middle)
6595 S JONES BLVD

(Street)
LAS VEGAS NV 89118-3337

(City) (State) (Zip)
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 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 05/27/2022   A   3,630 (1) A $ 0 152,141 D  
Common Stock               53,418 I By Alisa Marnell Trust (2)
Common Stock               23,995 I By Lyndy Marnell 2003 Trust (3)
Common Stock               451,611 I By AM3 2012 Trust (4)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. Represents time-based restricted stock units ("RSUs"), which are contingent rights to receive common stock. RSUs that have not been forfeited shall vest on 5/26/2023.
2. The Alisa Marnell Trust (the "Trust") is an irrevocable trust for the benefit of certain family members of the reporting person. The reporting person is the sole trustee of the Trust and holds sole voting and dispositive power over shares held by the Trust. The reporting person disclaims any beneficial ownership of these shares.
3. The Lyndy Marnell 2003 Trust (the "Trust") is an irrevocable trust for the benefit of certain family members of the the reporting person, and the reporting person is the spouse of the trustee of the Trust. The reporting person disclaims any beneficial ownership of these shares.
4. The AM3 2012 Trust (the "Trust") is an irrevocable trust for the benefit of certain family members of the reporting person. The reporting person is a co-trustee of the Trust and holds sole voting and dispositive power over the shares held by the Trust. The reporting person disclaims any beneficial ownership of these shares.
/s/ Charles H. Protell, attorney-in-fact 05/27/2022
** Signature of Reporting Person Date
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.


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