SEC Form 3 · accession 0000950142-16-003253
LAS VEGAS SANDS CORP · LVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephanie Marz
Officer — Principal Accounting Officer
Period of report
Feb 23, 2016
Accepted (ET)
Mar 4, 2016 · 6:01 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 | holding | — | — | — | 365 | I | By husband |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F3,F2 | $80.08 | holding | — | — | — | — | Mar 24, 2018 | Common Stock | 2,500 | — | D |
| Option (Right to Buy)F3,F4 | $22.90 | holding | — | — | — | — | May 2, 2020 | Common Stock | 14,000 | — | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F2The option vested in four equal installments, beginning on March 25, 2009.
- F3In accordance with the provisions of the Issuer's 2004 Equity Award Plan, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options to reflect the $2.75 per share special dividend to be paid on outstanding shares of the Issuer's common stock. The equitable adjustment was effective as of December 10, 2012.
- F4The option vested in four equal installments, beginning on May 3, 2011.