SEC Form 4 · accession 0001179110-15-006757
Everi Holdings Inc. · EVRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ram Chary
Officer — President & CEO · Director
Period of report
Apr 22, 2015
Accepted (ET)
Apr 28, 2015 · 9:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001318568
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $7.74 | Apr 22, 2015 | A | 1,500,000 | A | — | Apr 22, 2022 | Common Stock | 1,500,000 | 4,000,000 | D |
Explanation of responses
- F1This grant is comprised of an option to purchase 1,500,000 shares of the Issuer's common stock that will vest in two tranches with target closing prices of $18.00 and $21.00, if upon conclusion of any period of thirty consecutive trading days prior to the fourth anniversary of the option grant, the average closing price of the Issuer's common stock on the New York Stock Exchange exceeds those target closing prices.