SEC Form 4 · accession 0001209191-18-036437
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
Jun 5, 2018
Accepted (ET)
Jun 7, 2018 · 5:18 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 | Jun 5, 2018 | M | 42,500 | $5.77 | A | 145,634 | D | |
| Common StockF1,F2 | Jun 5, 2018 | S | 42,500 | $8.03 | D | 103,134 | D | |
| Common StockF3 | Jun 5, 2018 | F | 405 | $8.25 | D | 102,729 | 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,F4,F5 | $5.77 | Jun 5, 2018 | M | 42,500 | D | — | Aug 25, 2018 | Common Stock | 42,500 | 0 | 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 $7.92 to $8.08. 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.
- F3Includes shares subject to a Restricted Stock Award vesting over a period of 2 years.
- F4The options referenced on this Form 4 would have expired on August 25, 2018 unless they were exercised pursuant to the 10b5-1 plan.
- F5The 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.