SEC Form 4 · accession 0000950142-15-002322
LAS VEGAS SANDS CORP · LVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ira H Raphaelson
Officer — EVP & Global General Counsel
Period of report
Nov 1, 2015
Accepted (ET)
Nov 3, 2015 · 8:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001300514
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 1, 2015 | M | 21,000 | — | A | 33,185 | D | |
| Common StockF2 | Nov 2, 2015 | S | 8,768 | $49.755 | D | 24,417 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Nov 1, 2015 | M | 21,000 | D | — | — | Common Stock | 21,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock.
- F2Shares sold to pay taxes in connection with the vesting of restricted stock units granted under the Issuer's 2004 Equity Award Plan.
- F321,000 of the restricted stock unit grant vested on November 1, 2014, and the remaining 21,000 of the restricted stock unit grant vested on November 1, 2015. Vested shares were scheduled to be delivered to the Reporting Person on or about the applicable vesting date.