SEC Form 4 · accession 0001186747-19-000031
BOYD GAMING CORP · BYD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian A Larson
Officer — EVP, Sec.& General Counsel
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:32 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 1, 2019 | A | 28,339 | $0.00 | A | 130,088 | D | |
| Common Stock | Mar 1, 2019 | F | 11,151 | $30.11 | D | 118,937 | D | |
| Common Stock | Mar 5, 2019 | M | 6,285 | $19.98 | A | 125,222 | D | |
| Common StockF2 | Mar 5, 2019 | S | 6,285 | $29.4468 | D | 118,937 | D | |
| Common Stock | Mar 5, 2019 | M | 6,778 | $17.75 | A | 125,715 | D | |
| Common StockF2 | Mar 5, 2019 | S | 6,778 | $29.4468 | D | 118,937 | D | |
| Common StockF3 | Mar 5, 2019 | S | 32,328 | $29.4349 | D | 86,609 | D | |
| Common StockF4 | Mar 5, 2019 | S | 17,188 | $29.2148 | D | 69,421 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F5 | $19.98 | Mar 5, 2019 | M | 6,285 | D | — | Oct 29, 2025 | Common Stock | 6,285 | 0 | D |
| Stock Option (Right to Buy)F5 | $17.75 | Mar 5, 2019 | M | 6,778 | D | — | Nov 8, 2026 | Common Stock | 6,778 | 6,778 | D |
Explanation of responses
- F1Represents shares underlying Performance Share Units that vested on March 1, 2019.
- F2This transaction was executed in multiple trades at prices ranging from $29.40 to $29.515. 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 $29.40 to $29.53. 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.
- F4This transaction was executed in multiple trades at prices ranging from $29.15 to 29.29. 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.
- F5Options 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.