SEC Form 4 · accession 0001300514-18-000101
LAS VEGAS SANDS CORP · LVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Dumont
Officer — EVP & Chief Financial Officer · Director
Period of report
Aug 6, 2018
Accepted (ET)
Aug 7, 2018 · 4:20 pm EDT
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 | Aug 6, 2018 | M | 75,000 | $52.53 | A | 200,000 | D |
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)F2 | $52.53 | Aug 6, 2018 | M | 75,000 | D | — | Mar 28, 2026 | Common Stock | 75,000 | 500,000 | D |
Explanation of responses
- F1Mr. Dumont had direct ownership of 125,000 shares of LVS common stock prior to the transaction, and had direct ownership of 200,000 shares of LVS common stock after the completion of the transaction.
- F2The options vest in five installments, as follows: 75,000 on December 31, 2016, 75,000 on December 31, 2017, 75,000 on December 31, 2018, 75,000 on December 31, 2019, and 350,000 on December 31, 2020.