SEC Form 4 · accession 0000899243-16-019704
EMPIRE RESORTS INC · NYNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg Polle
Director
Period of report
May 10, 2016
Accepted (ET)
May 11, 2016 · 5:53 pm EDT
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 | May 10, 2016 | M | 2,000 | $9.90 | A | 62,832 | D | |
| Common Stock, $.01 par value per share | May 10, 2016 | D | 1,088 | $18.20 | D | 61,744 | D | |
| Common Stock, $.01 par value per shareF2 | May 10, 2016 | M | 2,000 | $7.95 | A | 63,744 | D | |
| Common Stock, $.01 par value per share | May 10, 2016 | D | 874 | $18.20 | D | 62,870 | 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)F3 | $9.90 | May 10, 2016 | M | 2,000 | D | — | Dec 13, 2016 | Common stock, $.01 par value per share | 2,000 | 0 | D |
| Stock Option (right to buy)F4 | $7.95 | May 10, 2016 | M | 2,000 | D | — | Nov 6, 2017 | Common stock, $.01 par value per share | 2,000 | 0 | D |
Explanation of responses
- F1The exercise of the option was net settled with the Company and 1,088 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 874 shares were withheld to pay the applicable exercise price pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.
- F3The option was fully vested and exercisable as of September 14, 2012.
- F4The option was fully vested and exercisable as of August 7, 2013.