SEC Form 4 · accession 0001180594-17-000001
DOVER DOWNS GAMING & ENTERTAINMENT INC · DDE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denis McGlynn
Officer — President and CEO · Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 2:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001162556
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.10 par valueF1 | Jan 3, 2017 | A | 15,000 | $0.00 | A | 218,486 | D | |
| Common Stock, $.10 par valueF1 | Jan 4, 2017 | F | 6,098 | $1.05 | D | 212,388 | D | |
| Common Stock, $.10 par value | holding | — | — | — | 45,000 | I | Wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | — | holding | — | — | — | — | — | Common Stock | 450,600 | 450,600 | D |
| Class A Common StockF2 | — | holding | — | — | — | — | — | Common Stock | 209,350 | 209,350 | I |
Explanation of responses
- F1Shares granted January 3, 2017 vest one-fifth per year beginning on the second anniversary of the grant date. Out of total securities beneficially owned in Column 5, 60,000 represent shares of restricted stock granted under the Company's Incentive Stock Plan in transactions exempt under Rule 16b-3 which have not yet vested (beneficial ownership in unvested shares is disclaimed for Section 16 purposes).
- F2Class A Common Stock is convertible into Common Stock at any time on a share for share basis at the option of the holder thereof.