SEC Form 4 · accession 0001179110-17-013156
Everi Holdings Inc. · EVRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey P Judge
Director
Period of report
Oct 3, 2017
Accepted (ET)
Oct 5, 2017 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001318568
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 3, 2017 | M | 10,000 | $6.87 | A | 69,672 | D | |
| Common StockF1 | Oct 3, 2017 | S | 10,000 | $7.70 | D | 59,672 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2,F3 | $6.87 | Oct 3, 2017 | M | 10,000 | D | — | Feb 7, 2018 | Common Stock | 10,000 | 90,000 | D |
Explanation of responses
- F1The option exercised and shares traded in this Form 4 were effected pursuant to a 10b5-1 plan adopted by the reporting person on August 14, 2017. The plan provides for a maximum number of 100,000 options to be exercised and shares traded periodically through February 2018 in accordance with the plan.
- F2The options subject to the transaction(s) reported on this Form 4 would have expired within the next twelve months, unless they are traded pursuant to the plan.
- F3The option, representing a right to purchase a total of 100,000 shares, became exercisable periodically over a period of four years beginning on the date of grant.