SEC Form 4 · accession 0001174922-18-000094
WYNN RESORTS LTD · WYNN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt Maddox
Officer — CEO and President
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 4:18 pm EDT
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 | May 1, 2018 | M | 25,000 | $107.95 | A | 409,654 | D | |
| Common Stock, par value $0.01 per shareF1,F2 | May 1, 2018 | S | 18,450 | $191.09 | D | 391,204 | 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) | $107.95 | May 1, 2018 | M | 25,000 | D | Dec 5, 2016 | May 6, 2018 | Common Stock, par value $0.01 per share | 25,000 | 0 | D |
Explanation of responses
- F1Mr. Maddox exercised options that were granted in 2008 and scheduled to expire on May 6, 2018. He sold shares only to pay the exercise price and associated taxes on the options, and retained the net number of shares.
- F2Represents the weighted average price of multiple transactions with a range of prices between $190.78 and $191.57. 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 price.