SEC Form 4 · accession 0000899243-15-007401
EMPIRE RESORTS INC · NYNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Amato Joseph A D
Officer — Chief Executive Officer · Director
Period of report
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 8:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906780
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per share | Oct 29, 2015 | M | 53,333 | $2.79 | A | 265,630 | D | |
| Common Stock, $.01 par value per share | Oct 29, 2015 | D | 39,216 | $4.81 | D | 226,414 | 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)F2 | $2.79 | Oct 29, 2015 | M | 53,333 | D | — | Nov 8, 2015 | Common Stock, $.01 par value per share | 53,333 | 0 | D |
Explanation of responses
- F1The exercise of the option was net settled with the Company and 30,935 shares of common stock were withheld to pay the exercise price and 8,281 shares of common stock were withheld to pay the applicable tax payments relating to the exercise pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.
- F2The option was fully vested and exercisable as of November 9, 2013.