Blake L. Sartini & Delise F. Sartini Family Trust Form 4/A GOLDEN ENTERTAINMENT / BLAKE L SARTINI ownership change

SEC Form 4

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^*

SARTINI BLAKE L

(Last) (First) (Middle)

6595 S. JONES BLVD.

(Street)

LAS VEGAS NV 89118

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
Chairman, President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)
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

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	11/06/2015		S(1)		225,000	D	(3)	7,696,393	I	By Trust(2)
Common Stock	11/06/2015		S(1)		225,000	D	(3)	7,471,393	I	By Trust(2)
Common Stock	11/06/2015		S(1)		225,000	D	(3)	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 (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

1. Name and Address of Reporting Person^*

SARTINI BLAKE L

(Last) (First) (Middle)

6595 S. JONES BLVD.

(Street)

LAS VEGAS NV 89118

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Blake L. Sartini & Delise F. Sartini Family Trust

(Last) (First) (Middle)

6595 S. JONES BLVD.

(Street)

LAS VEGAS NV 89118

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SARTINI DELISE F

(Last) (First) (Middle)

6595 S. JONES BLVD.

(Street)

LAS VEGAS NV 89118

(City) (State) (Zip)

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.

	/s/ Blake L. Sartini	12/04/2015
	/s/ Blake L. Sartini, Co-Trustee	12/04/2015
	/s/ Delise F. Sartini, Co-Trustee	12/04/2015
	/s/ Delise F. Sartini	12/04/2015
	** Signature of Reporting Person	Date
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