SEC Form 4 · accession 0000899243-16-033501
EMPIRE RESORTS INC · NYNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amato Joseph A D
Officer — Chief Executive Officer · Director
Period of report
Nov 12, 2016
Accepted (ET)
Nov 15, 2016 · 4:00 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 12, 2016 | F | 617 | $22.25 | D | 44,190 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. D'Amato was granted 1,667 shares of restricted stock under the 2005 Empire Resorts, Inc. Equity Incentive Plan, which vested on November 12, 2016. On November 12, 2016, 617 shares of common stock were withheld (at the closing price of the Company's common stock on the NASDAQ Global Market on Friday November 11, 2016) to satisfy the tax obligation relating to the vesting of the restricted stock pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.