SEC Form 4 · accession 0000899243-17-000993
EMPIRE RESORTS INC · NYNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Emanuel R Pearlman
Officer — Executive Chairman · Director
Period of report
Jan 6, 2017
Accepted (ET)
Jan 10, 2017 · 5:10 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 | Jan 6, 2017 | F | 1,750 | $23.75 | D | 155,351 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Pearlman was granted 3,000 shares of restricted stock under the 2015 Empire Resorts, Inc. Equity Incentive Plan, as amended, which vested on January 6, 2017. On January 6, 2017, 1,750 shares of common stock were withheld (at the closing price of the Company's common stock on the NASDAQ Global Market on Friday, January 6, 2017) 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.