SEC Form 4 · accession 0001186747-17-000037
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Boughner
Director
Period of report
May 22, 2017
Accepted (ET)
May 24, 2017 · 8:05 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 | May 22, 2017 | M | 25,510 | $9.86 | A | 65,510 | D | |
| Common StockF1 | May 22, 2017 | S | 25,510 | $25.21 | D | 40,000 | D | |
| Common StockF3 | holding | — | — | — | 144,811 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $9.86 | May 22, 2017 | M | 25,510 | A | — | Nov 7, 2023 | Common Stock | 25,510 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $25.17 to $25.32. 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.
- 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