SEC Form 4 · accession 0001174922-16-000240
WYNN RESORTS LTD · WYNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimmarie Sinatra
Officer — EVP/General Counsel/Secretary
Period of report
Nov 29, 2016
Accepted (ET)
Dec 1, 2016 · 8:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001174922
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Nov 29, 2016 | M | 50,000 | $47.12 | A | 143,472 | D | |
| Common Stock, par value $0.01 per shareF1 | Nov 29, 2016 | S | 41,743 | $99.76 | D | 101,729 | D | |
| Common Stock, par value $0.01 per shareF2 | Nov 29, 2016 | S | 600 | $100.22 | D | 101,129 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $47.12 | Nov 29, 2016 | M | 50,000 | D | — | May 6, 2019 | Common Stock, par value $0.01 per share | 50,000 | 75,000 | D |
Explanation of responses
- F1Represents the weighted average price of multiple transactions with a range of prices between $99.20 and $100.19. The reporting person, upon request by the staff of the SEC, Wynn Resorts, Limited (the "Company") or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
- F2Represents the weighted average price of multiple transactions with a range of prices between $100.21 and $100.23. The reporting person, upon request by the staff of the SEC, the Company or by a security holder of the Company, undertakes to provide further information regarding the number of securities sold at each separate price.
- F3The original grant of 250,000 options vests 10 percent per year on each anniversary of the date of grant; provided, that if the reporting person ceases to be an employee of the Company any options that are unvested at such time will be forfeited.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney