SEC Form 4 · accession 0001186747-15-000040
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Smith
Officer — President & CEO · Director
Period of report
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 7:06 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 | Jul 29, 2015 | M | 100,000 | $7.55 | A | 922,162 | D | |
| Common StockF1 | Jul 29, 2015 | S | 50,000 | $16.9038 | D | 872,162 | D | |
| Common StockF2 | Jul 29, 2015 | S | 50,000 | $16.893 | D | 822,162 | D | |
| Common Stock | Jul 30, 2015 | M | 100,000 | $7.55 | A | 922,162 | D | |
| Common StockF3 | Jul 30, 2015 | S | 50,000 | $16.9623 | D | 872,162 | D | |
| Common StockF4 | Jul 30, 2015 | S | 50,000 | $16.9757 | D | 822,162 | D | |
| Common Stock | holding | — | — | — | 325 | I | By Spouse |
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)F5 | $7.55 | Jul 29, 2015 | M | 100,000 | D | — | Nov 3, 2019 | Common Stock | 100,000 | 131,265 | D |
| Employee Stock Option (Right to Buy)F5 | $7.55 | Jul 30, 2015 | M | 100,000 | D | — | Nov 3, 2019 | Common Stock | 100,000 | 31,265 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $16.86 to $16.955. 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.
- F2This transaction was executed in multiple trades at prices ranging from $16.79 to $17.01. 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.
- F3This transaction was executed in multiple trades at prices ranging from $16.87 to $17.08. 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.
- F4This transaction was executed in multiple trades at prices ranging from $16.94 to $17.03 . 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.
- F5Options granted under Boyd Gaming Corporation's 2002 Stock Incentive 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.