SEC Form 4/A · accession 0001209191-16-110292
Affinity Gaming
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Jeffrey Solomon
Officer — Senior VP and COO
Period of report
Mar 16, 2016
Accepted (ET)
Mar 23, 2016 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001499268
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 16, 2016 | A | 18,000 | $0.00 | A | 18,000 | D | |
| Common StockF1,F3 | Mar 16, 2016 | A | 15,000 | $0.00 | A | 33,000 | 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)F4 | $12.00 | Mar 16, 2016 | A | 80,000 | A | — | Mar 16, 2021 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1This transaction was unintentionally omitted from the reporting person's Form 4 filed on March 18, 2016.
- F2On March 16, 2016, the reporting person was issued 18,000 shares of restricted stock of the issuer. The shares vest in equal 1/3 increments on March 1, 2017, March 1, 2018 and March 1, 2019.
- F3On March 16, 2016, the reporting person was issued 15,000 shares of restricted stock of the issuer. The shares vest in upon the execution of a binding agreement for an acquisition of the issuer or substantially all of the issuer's assets at a price or net asset valuation of $22.50 per share or greater, as may be adjusted by the issuer's board of directors.
- F440,000 options will become exercisable in 1/3 increments on March 31, 2017, March 31, 2018 and March 31, 2019, and 40,000 options vest on those three dates in 1/3 increments or less dependent upon the achievement of performance-based conditions.