SEC Form 4 · accession 0001186747-17-000038
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 2, 2017
Accepted (ET)
Jun 6, 2017 · 6:11 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 2, 2017 | M | 21,780 | $7.55 | A | 1,031,554 | D | |
| Common StockF1 | Jun 2, 2017 | S | 21,780 | $25.6798 | D | 1,009,774 | 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)F2 | $7.55 | Jun 2, 2017 | M | 21,780 | D | — | Nov 3, 2019 | Common Stock | 21,780 | 9,485 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $25.65 to $25.77. 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 2002 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.