SEC Form 4 · accession 0001186747-17-000039
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 7, 2017
Accepted (ET)
Jun 9, 2017 · 5:15 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 7, 2017 | M | 9,480 | $7.55 | A | 1,019,259 | D | |
| Common StockF1 | Jun 7, 2017 | S | 9,480 | $25.5557 | D | 1,009,774 | D | |
| Common Stock | Jun 7, 2017 | M | 24,800 | $5.22 | A | 1,034,574 | D | |
| Common StockF1 | Jun 7, 2017 | S | 24,800 | $25.5557 | D | 1,009,774 | D | |
| Common Stock | Jun 7, 2017 | M | 15,715 | $6.70 | A | 1,025,489 | D | |
| Common StockF1 | Jun 7, 2017 | S | 15,715 | $25.5557 | 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 7, 2017 | M | 9,485 | D | — | Nov 3, 2019 | Common Stock | 9,485 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $5.22 | Jun 7, 2017 | M | 24,800 | D | — | Nov 8, 2022 | Common Stock | 24,800 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $6.70 | Jun 7, 2017 | M | 15,715 | D | — | Dec 7, 2021 | Common Stock | 15,715 | 154,353 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $25.50 to $25.625 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.
- F3Options 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.