Pinnacle Entertainment, Inc. Summary of Non-Employee Director Compensation (2017)

Summary

Pinnacle Entertainment, Inc. outlines compensation for its non-employee directors, including an $80,000 annual retainer, additional fees for committee chairs and the Lead Independent Director, and meeting attendance fees. In 2017, each non-employee director also received 10,000 restricted stock units, which vest one year after the grant date. The agreement specifies the amounts and conditions for these payments and stock awards.

EX-10.26 6 pnkex1026123117.htm EXHIBIT 10.26 Exhibit

Exhibit 10.26

Summary of Director Compensation

Director Fees

The compensation of the non-employee directors of Pinnacle Entertainment, Inc. (the “Company”), is paid in the form of an annual retainer, meeting and chair fees and stock-based awards. The fees that each non-employee director or committee chair received for his or her service are the following:


•	An annual retainer of $80,000;


•	An additional $20,000 retainer for the Chair of the Audit Committee;


•	An additional $20,000 retainer for the Chair of the Compensation Committee;


•	An additional $20,000 retainer for the Chair of the Corporate Governance and Nominating Committee;


•	An additional $50,000 retainer for the Lead Independent Director;


•	An attendance fee of $1,500 for each Board meeting or committee meeting (telephonic or in person), other than meetings of the Audit Committee (whether regularly scheduled meetings or special meetings); and


•	An attendance fee of $2,000 for each meeting of the Audit Committee (whether regularly scheduled or special meetings).

Equity Grants

In 2017, Pinnacle granted 10,000 restricted stock units to each non-employee director who was then serving. The restricted stock units vest on the first anniversary of the date of grant on May 1, 2018.