SEC Form 4 · accession 0001186747-15-000054

BOYD GAMING CORP · BYD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Vice President · Director

Period of report

Nov 2, 2015

Accepted (ET)

Nov 3, 2015 · 6:45 pm EST

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	Nov 2, 2015	M	20,585	$8.34	A	45,203	D
Common Stock^F1	Nov 2, 2015	S	20,585	$20.3635	D	24,618	D
Common Stock^F3	holding	—	—		—	2,019,660	I	By Trust
Common Stock^F4	holding	—	—		—	38,742	I	By Trust *

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	$8.34	Nov 2, 2015	M	20,585	D	—	Nov 1, 2020	Common Stock	20,585	0	D

F1This transaction was executed in multiple trades at prices ranging from $20.35 to $20.40. 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'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.
F3By William R. Boyd Gaming PropertiesTrust, of which reporting person is Trustee, Settlor and Beneficiary.
F4By the Sean William Johnson Education Trust (1997) of which William R. Boyd is Trustee.

* Reporting person disclaims any beneficial interest in these shares.