SEC Form 4 · accession 0001186747-15-000029
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Boughner
Officer — Executive Vice President · Director
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 7:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906553
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 10, 2015 | M | 51,020 | $6.70 | A | 222,151 | D | |
| Common StockF1 | Mar 10, 2015 | S | 51,020 | $14.3482 | D | 171,131 | D | |
| Common Stock | Mar 10, 2015 | M | 51,021 | $5.22 | A | 222,152 | D | |
| Common StockF1 | Mar 10, 2015 | S | 51,021 | $14.3482 | D | 171,131 | D | |
| Common StockF4 | holding | — | — | — | 215,800 | I | By Trust | |
| Common StockF5 | holding | — | — | — | 10,000 | I | By Trust |
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)F2 | $6.70 | Mar 10, 2015 | M | 51,020 | D | — | Dec 7, 2021 | Common Stock | 51,020 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $5.22 | Mar 10, 2015 | M | 51,021 | D | — | Nov 8, 2022 | Common Stock | 51,021 | 25,510 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $14.37 to $14.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Options granted under Boyd Gaming Corporation 2002 Flexible Stock Option Plan. Vesting plan calls for options to become exercisable at the rate of 33.333% per year on the first day of each successive 12 month period commencing one year from grant date.
- F3Options granted under Boyd Gaming Corporation 2012 Flexible Stock Option Plan. Vesting plan calls for options to become exercisable at the rate of 33.333% per year on the first day of each successive 12 month period commencing one year from grant date.
- F4By the Robert L. Boughner Investment Trust, Robert L. Boughner, Trustee
- F5By the Robert L. Boughner 2012 Long Term Trust, Robert L. Boughner, Co-Trustee