SEC Form 4 · accession 0000899243-15-007781
EMPIRE RESORTS INC · NYNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Emanuel R Pearlman
Director
Period of report
Nov 5, 2015
Accepted (ET)
Nov 9, 2015 · 4:25 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 shareF1 | Nov 5, 2015 | M | 269,933 | $2.79 | A | 556,478 | D | |
| Common Stock, $.01 par value per share | Nov 5, 2015 | D | 158,885 | $4.74 | D | 397,593 | D | |
| Common Stock, $.01 par value per shareF2 | Nov 5, 2015 | M | 13,333 | $2.79 | A | 410,926 | D | |
| Common Stock, $.01 par value per share | Nov 5, 2015 | D | 7,848 | $4.74 | D | 403,078 | D | |
| Common Stock, $.01 par value per shareF3 | Nov 5, 2015 | M | 3,333 | $2.97 | A | 406,411 | D | |
| Common Stock, $.01 par value per share | Nov 5, 2015 | D | 2,088 | $4.74 | D | 404,323 | 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)F4 | $2.79 | Nov 5, 2015 | M | 269,933 | D | — | Nov 8, 2015 | Common stock, $.01 par value per share | 269,933 | 0 | D |
| Stock Option (right to buy)F5 | $2.79 | Nov 5, 2015 | M | 13,333 | D | — | Nov 8, 2015 | Common stock, $.01 par value per share | 13,333 | 0 | D |
| Stock Option (right to buy)F6 | $2.97 | Nov 5, 2015 | M | 3,333 | D | — | Jan 2, 2016 | Common stock, $.01 par value per share | 3,333 | 0 | D |
Explanation of responses
- F1The exercise of the option was net settled with the Company and 158,885 shares were withheld to pay the applicable exercise price pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.
- F2The exercise of the option was net settled with the Company and 7,848 shares were withheld to pay the applicable exercise price pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.
- F3The exercise of the option was net settled with the Company and 2,088 shares were withheld to pay the applicable exercise price pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.
- F4The option was fully vested and exercisable as of November 9, 2013.
- F5The option was fully vested and exercisable as of November 9, 2013.
- F6The option was fully vested and exercisable as of October 3, 2011.