SEC Form 4 · accession 0001186747-17-000012
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Boughner
Director
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 8:28 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 StockF1 | Feb 13, 2017 | M | 3,264 | — | A | 147,824 | D | |
| Common StockF1 | Feb 13, 2017 | M | 4,728 | — | A | 152,552 | D | |
| Common StockF1 | Feb 13, 2017 | M | 33,000 | — | A | 185,552 | D | |
| Common StockF1 | Feb 13, 2017 | M | 19,186 | — | A | 204,738 | D | |
| Common StockF1 | Feb 13, 2017 | M | 15,264 | — | A | 220,002 | D | |
| Common StockF1 | Feb 13, 2017 | M | 21,456 | — | A | 241,458 | D | |
| Common StockF2 | Feb 13, 2017 | M | 24,336 | — | A | 265,794 | D | |
| Common StockF2 | Feb 13, 2017 | M | 14,589 | — | A | 280,383 | D | |
| Common StockF2 | Feb 13, 2017 | M | 13,489 | — | A | 293,872 | D | |
| Common StockF2 | Feb 13, 2017 | M | 9,074 | — | A | 302,946 | D | |
| Common Stock | Feb 13, 2017 | F | 103,839 | $20.86 | D | 199,107 | D | |
| Common StockF14 | holding | — | — | — | 15,800 | I | By Trust | |
| Common StockF15 | holding | — | — | — | 10,000 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Career Restricted Stock UnitsF1,F3,F4 | — | Feb 13, 2017 | M | 3,264 | A | — | — | Common Stock | 3,264 | 0 | D |
| Career Restricted Stock UnitsF1,F3,F5 | — | Feb 13, 2017 | M | 4,728 | A | — | — | Common Stock | 4,728 | 0 | D |
| Career Restricted Stock UnitsF1,F3,F6 | — | Feb 13, 2017 | M | 33,000 | A | — | — | Common Stock | 33,000 | 0 | D |
| Career Restricted Stock UnitsF1,F3,F7 | — | Feb 13, 2017 | M | 19,186 | A | — | — | Common Stock | 19,186 | 0 | D |
| Career Restricted Stock UnitsF1,F3,F8 | — | Feb 13, 2017 | M | 15,264 | A | — | — | Common Stock | 15,264 | 0 | D |
| Career Restricted Stock UnitsF1,F3,F9 | — | Feb 13, 2017 | M | 21,456 | A | — | — | Common Stock | 21,456 | 0 | D |
| Career Restricted Stock UnitsF2,F3,F10 | — | Feb 13, 2017 | M | 24,336 | A | — | — | Common Stock | 24,336 | 0 | D |
| Career Restricted Stock UnitsF2,F3,F11 | — | Feb 13, 2017 | M | 14,589 | A | — | — | Common Stock | 14,589 | 0 | D |
| Career Restricted Stock UnitsF2,F3,F12 | — | Feb 13, 2017 | M | 13,489 | A | — | — | Common Stock | 13,489 | 0 | D |
| Career Restricted Stock UnitsF2,F3,F13 | — | Feb 13, 2017 | M | 9,074 | A | — | — | Common Stock | 9,074 | 0 | D |
Explanation of responses
- F1The Career Restricted Stock Units were granted to the Reporting Person for no consideration pursuant to the Issuer's Career Shares Program under its 2002 Stock Incentive Plan. Each Career Restricted Stock Unit converted into common stock on a one-for-one basis.
- F10On January 2, 2013, the reporting person was granted 24,336 Career Restricted Stock Units.
- F11On January 2, 2014, the reporting person was granted 14,589 Career Restricted Stock Units.
- F12On January 2, 2015, the reporting person was granted 13,489 Career Restricted Stock Units.
- F13On January 4, 2016, the reporting person was granted 9,074 Career Restricted Stock Units.
- F14By the Robert L. Boughner Investment Trust, Robert L. Boughner, Trustee
- F15By the Robert L. boughner 2012 Long Term Trust, Robert L. Boughner, Co-Trustee
- F2The Career Restricted Stock Units were granted to the Reporting Person for no consideration pursuant to the Issuer's Career Shares Program under its 2012 Stock Incentive Plan. Each Career Restricted Stock Unit converted into common stock on a one-for-one basis.
- F3The Career Restricted Stock Units will be paid out in shares of Issuer common stock at the time of retirement based upon the Reporting Person's/grantee's attained age and years of continuous service at the time of retirement. To receive any payout under the Career Shares Program, grantees must be at least years 55 years old and must have been continually employed by the Issuer for a minimum of 10 years. Retirement after 10 years of service will entitle a grantee to 50 percent of his or her Career Restricted Stock Units. This increases to 75 percent after 15 years and 100 percent following 20 years of employment. In the event of grantee's death or permanent disability, or following a change in control of Issuer, the grantee will be deemed to have attained age 55 and the Career Restricted Stock Units will immediately vest and convert into shares of Issuer common stock based on the grantee's years of continuous service through the date of death, termination resulting from permanent disability or the change in control, as applicable.
- F4On January 2, 2007, the reporting person was granted 3,264 Career Restricted Stock Units.
- F5On January 2, 2008, the reporting person was granted 4,728 Career Restricted Stock Units.
- F6On January 2, 2009, the reporting person was granted 33,000 Career Restricted Stock Units.
- F7On January 4, 2010, the reporting person was granted 19,186 Career Restricted Stock Units.
- F8On January 3, 2011, the reporting person was granted 15,264 Career Restricted Stock Units.
- F9On January 3, 2012, the reporting person was granted 21,456 Career Restricted Stock Units.