SEC Form 4 · accession 0001186747-15-000030
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian A Larson
Officer — Executive V.P. and Secretary
Period of report
Mar 12, 2015
Accepted (ET)
Mar 13, 2015 · 7:04 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 12, 2015 | M | 25,510 | $6.70 | A | 171,132 | D | |
| Common StockF1,F2 | Mar 12, 2015 | S | 25,510 | $14.3545 | D | 145,622 | D | |
| Common Stock | Mar 12, 2015 | M | 25,510 | $5.22 | A | 171,132 | D | |
| Common StockF1,F2 | Mar 12, 2015 | S | 25,510 | $14.3545 | D | 145,622 | D | |
| Common StockF5 | holding | — | — | — | 4,000 | I | By IRA |
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)F3 | $6.70 | Mar 12, 2015 | M | 25,510 | D | — | Dec 7, 2021 | Common Stock | 25,510 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $5.22 | Mar 12, 2015 | M | 25,510 | D | — | Nov 8, 2022 | Common Stock | 25,510 | 12,755 | D |
Explanation of responses
- F1Shares sold in connection with the exercise of stock options on March 12, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $14.27 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.
- F3Options 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.
- F4Options 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.
- F5Sunamerica Trust Co., Custodian, IRA FBO Brian A. Larson