SEC Form 4 · accession 0001186747-15-000059

BOYD GAMING CORP · BYD

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

Reporting owner

Officer — Executive Vice President · Director

Period of report

Nov 9, 2015

Accepted (ET)

Nov 10, 2015 · 6:09 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 9, 2015	F	11,721	$21.12	D	171,531	D
Common Stock	Nov 9, 2015	M	25,510	$5.22	A	197,041	D
Common Stock^F1	Nov 9, 2015	S	25,510	$20.5899	D	171,531	D
Common Stock	Nov 9, 2015	M	25,510	$9.86	A	197,041	D
Common Stock^F1	Nov 9, 2015	S	25,510	$20.5899	D	171,531	D
Common Stock^F3	holding	—	—		—	115,800	I	By Trust
Common Stock^F4	holding	—	—		—	10,000	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	$5.22	Nov 9, 2015	M	25,510	D	—	Nov 8, 2022	Common Stock	25,510	25,510	D
Employee Stock Option (Right to Buy)^F2	$9.86	Nov 9, 2015	M	25,510	D	—	Nov 7, 2023	Common Stock	25,510	0	D

F1This transaction was executed in multiple trades at prices ranging from $20.46 to $20.82. 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 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.
F3By the Robert L. Boughner Investment Trust, Robert L. Boughner, Trustee
F4By the Robert L. boughner 2012 Long Term Trust, Robert L. Boughner, Co-Trustee