SEC Form 4 · accession 0001186747-16-000098
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
Jun 3, 2016
Accepted (ET)
Jun 7, 2016 · 5:04 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 | Jun 3, 2016 | M | 12,755 | $5.22 | A | 166,559 | D | |
| Common StockF1 | Jun 3, 2016 | S | 12,755 | $19.5179 | D | 153,804 | D | |
| Common Stock | Jun 3, 2016 | M | 25,510 | $9.86 | A | 179,314 | D | |
| Common StockF1 | Jun 3, 2016 | S | 25,510 | $19.5179 | D | 153,804 | 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 | $5.22 | Jun 3, 2016 | M | 12,755 | D | — | Nov 8, 2022 | Common Stock | 12,755 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $9.86 | Jun 3, 2016 | M | 25,510 | D | — | Nov 7, 2023 | Common Stock | 25,510 | 12,755 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $19.50 to $19.545. 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 2012 Flexible Stock Option 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.
- F3Sunamerica Trust Co., Custodian, IRA FBO Brian A. Larson