SEC Form 4 · accession 0001186747-15-000058
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
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 6:05 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 6, 2015 | M | 25,000 | $8.34 | A | 187,591 | D | |
| Common StockF1 | Nov 6, 2015 | S | 25,000 | $21.1146 | D | 162,591 | D | |
| Common Stock | Nov 9, 2015 | F | 5,860 | $21.12 | D | 156,731 | D | |
| Common StockF3 | 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)F2 | $8.34 | Nov 6, 2015 | M | 25,000 | D | — | Nov 1, 2020 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $21.09 to $21.124. 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.
- F3IRA FBO Brian A. Larson Sunamerica Trust Co., Custodian.