SEC Form 4 · accession 0000899243-15-007604

EMPIRE RESORTS INC · NYNY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Nov 2, 2015

Accepted (ET)

Nov 4, 2015 · 6:08 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
Common Stock, $.01 par value per share	Nov 2, 2015	M	12,153	$2.79	A	84,028	D
Common Stock, $.01 par value per share^F2	Nov 2, 2015	S	12,153	$4.6978	D	71,875	D
Common Stock, $.01 par value per share	Nov 3, 2015	M	1,180	$2.79	A	73,055	D
Common Stock, $.01 par value per share	Nov 3, 2015	S	1,180	$4.70	D	71,875	D
Common Stock, $.01 par value per share^F3	Nov 3, 2015	A	15,000	$0.00	A	86,875	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option to purchase Common Stock (right to buy)^F4	$2.79	Nov 2, 2015	M	12,153	D	—	Nov 8, 2015	Common Stock, $.01 par value per share	12,153	1,180	D
Option to purchase Common Stock (right to buy)^F4	$2.79	Nov 3, 2015	M	1,180	D	—	Nov 8, 2015	Common Stock, $.01 par value per share	1,180	0	D

F1The exercise of an option held by Mr. Simon and the sale of the underlying shares were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Simon effective as of November 12, 2013.
F2The price reported in Column 4 is a weighted average price. These shares were sold in more than one transaction at a price ranging from $4.60 to $4.80, inclusive. The reporting person undertakes to provide to Empire Resorts, Inc., any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3Restricted stock grant under the 2015 Empire Resorts, Inc. Equity Incentive Plan, which shall vest on January 6, 2017.
F4The option was fully vested as of November 9, 2013.