SEC Form 4 · accession 0001186747-18-000025
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian A Larson
Officer — Executive V.P. and Secretary
Period of report
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 6:16 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 | Mar 6, 2018 | S | 51,757 | $35.49 | D | 104,216 | D | |
| Common Stock | Mar 7, 2018 | M | 7,252 | $11.57 | A | 111,468 | D | |
| Common StockF2 | Mar 7, 2018 | S | 7,252 | $35.96 | D | 104,216 | D | |
| Common Stock | Mar 7, 2018 | M | 12,570 | $19.98 | A | 116,786 | D | |
| Common StockF2 | Mar 7, 2018 | S | 12,570 | $35.96 | D | 104,216 | D | |
| Common Stock | Mar 7, 2018 | M | 6,779 | $17.75 | A | 110,995 | D | |
| Common StockF2 | Mar 7, 2018 | S | 6,779 | $35.96 | D | 104,216 | D | |
| Common StockF3 | Mar 7, 2018 | S | 20,719 | $35.93 | D | 83,497 | D |
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)F4 | $11.57 | Mar 7, 2018 | M | 7,252 | D | — | Dec 10, 2024 | Common Stock | 7,252 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $19.98 | Mar 7, 2018 | M | 12,570 | D | — | Oct 29, 2025 | Common Stock | 12,570 | 6,285 | D |
| Employee Stock Option (Right to Buy)F4 | $17.75 | Mar 7, 2018 | M | 6,779 | D | — | Nov 8, 2026 | Common Stock | 6,779 | 13,556 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $35.46 to $35.56. 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.
- F2This transaction was executed in multiple trades at prices ranging from $35.83 to $36.075. 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.
- F3This transaction was executed in multiple trades at prices ranging from $35.92 to $35.965. 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.
- F4Options 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.