SEC Form 4 · accession 0001186747-16-000100
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Smith
Officer — President & CEO · Director
Period of report
Jun 9, 2016
Accepted (ET)
Jun 13, 2016 · 5:57 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 9, 2016 | M | 7,200 | $5.22 | A | 910,603 | D | |
| Common Stock | Jun 9, 2016 | S | 7,200 | $19.4001 | D | 903,403 | D | |
| Common Stock | holding | — | — | — | 325 | I | By Spouse |
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)F1 | $5.22 | Jun 9, 2016 | M | 7,200 | D | — | Nov 8, 2022 | Common Stock | 7,200 | 24,800 | D |
Explanation of responses
- F1Options 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.