SEC Form 4 · accession 0001186747-15-000050
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R Boyd
Officer — Vice President · Director
Period of report
Oct 29, 2015
Accepted (ET)
Oct 30, 2015 · 6:03 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 StockF1 | Oct 29, 2015 | A | 7,273 | $0.00 | A | 24,618 | D | |
| Common StockF2 | holding | — | — | — | 38,742 | I | By Trust * | |
| Common StockF3 | holding | — | — | — | 2,019,660 | 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)F4 | $19.98 | Oct 29, 2015 | A | 8,081 | A | — | Oct 29, 2025 | Common Stock | 8,081 | 8,081 | D |
Explanation of responses
- F1The Reporting Person was awarded 7,273 Restricted Stock Units for no consideration pursuant to the Issuer's 2012 Stock Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock upon vesting. The Restricted Stock Units will vest in full upon the third anniversary of the date of award. The Restricted Stock Units are subject to the forfeiture and other terms and conditions contained in the award agreement and the 2012 Stock Incentive Plan.
- F2By the Sean W. Johnson Education Trust, dated July 1, 1997, of which the Reporting Person is the Trustee.
- F3By William R. Boyd Gaming Properties Trust, of which reporting person is Trustee, Settlor and Beneficiary.
- F4Options granted under the Issuer's 2012 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.
Remarks
* The Reporting Person expressly disclaims beneficial ownership of any securities of the Issuer except for those securities that are owned directly by the Reporting Person or to the extent of the Reporting Person's pecuniary interest in a trust or other entity which owns such securities.