SEC Form 4 · accession 0001209191-18-005474
Everi Holdings Inc. · EVRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Rumbolz
Officer — President and CEO · Director
Period of report
Jan 23, 2018
Accepted (ET)
Jan 25, 2018 · 6:52 pm EST
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 | Jan 23, 2018 | M | 5,459 | $5.77 | A | 110,302 | D | |
| Common StockF1 | Jan 23, 2018 | S | 5,459 | $8.00 | D | 104,843 | D | |
| Common StockF1 | Jan 24, 2018 | M | 27,907 | $5.77 | A | 132,750 | D | |
| Common StockF1,F2 | Jan 24, 2018 | S | 27,907 | $8.00 | D | 104,843 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F3,F4 | $5.77 | Jan 23, 2018 | M | 5,459 | D | — | Aug 25, 2018 | Common Stock | 5,459 | 70,407 | D |
| Employee Stock Option (Right to Buy)F1,F3,F4 | $5.77 | Jan 24, 2018 | M | 27,907 | D | — | Aug 25, 2018 | Common Stock | 27,907 | 42,500 | D |
Explanation of responses
- F1The transaction(s) reflected in this Form 4 were effected pursuant to a 10b5-1 plan adopted by the reporting person on December 12, 2017. The plan provides for a maximum number of options of 85,000 to be sold.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.00 to $8.02, inclusive. The reporting person undertakes to provide to the corporation, any security holder of the corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The options referenced on this Form 4 would have expired within the next twelve months and the remaining 42,500 options remain subject to expiration, unless they are exercised prior to the expiration date set forth above.
- F4The options 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.