Pinnacle Entertainment, Inc. 8-K 2006
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 10, 2006
PINNACLE ENTERTAINMENT, INC.
(Exact Name of Registrant as Specified in Its Charter)
Registrants Telephone Number, including area code: (702) 784-7777
(Former name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):
On May 10, 2006 at the Annual Meeting of Stockholders (the Annual Meeting) of Pinnacle Entertainment, Inc. (the Company), the stockholders approved an amendment (the Amendment to the Plan) to the 2005 Equity and Performance Incentive Plan (the Plan). The Amendment to the Plan was approved by the Companys Board of Directors (the Board) on April 4, 2006, subject to stockholder approval.
The Amendment to the Plan increases by 1,500,000 the number of shares of the Companys Common Stock that may be issued under the Plan, such increase to be effective only upon, and subject to, the consummation of the Companys acquisition of Aztar Corporation. Following the Amendment to the Plan, up to an aggregate of 3,000,000 shares of common stock of the Company, plus up to an aggregate of an additional 1,500,000 shares subject to and effective only upon the consummation of the Companys acquisition of Aztar Corporation, plus certain shares subject to awards granted under specified existing plans and arrangements, are authorized for issuance under the Plan. The Amendment to the Plan also increases the maximum aggregate number of shares which may be subject to incentive stock options under the Plan from 3,000,000 to 4,500,000, such increase to be effective only upon, and subject to, the consummation of Companys acquisition of Aztar Corporation. If the Companys acquisition of Aztar Corporation is not consummated, then the provisions of the Plan added by the Amendment to the Plan would not become effective.
The foregoing summary and the summary incorporated by reference from the Proxy Statement are qualified in their entirety by the full text of the Plan, as amended by the Amendment to the Plan, filed herewith as Exhibit 10.1 and incorporated by reference herein.
- 2 -
Pursuant to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
- 3 -
INDEX TO EXHIBITS
- 4 -