SEC Form 4 · accession 0000899243-17-015682
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
Jun 5, 2017
Accepted (ET)
Jun 7, 2017 · 6:38 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 | Jun 5, 2017 | A | 25,000 | $0.00 | A | 169,973 | D | |
| Common Stock, $.01 par value per share | Jun 7, 2017 | G | 1,200 | $0.00 | D | 168,773 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Pearlman was granted 25,000 restricted stock units ("RSUs") under the Empire Resorts, Inc. 2015 Equity Incentive Plan, as amended, which RSUs vest annually in three equal installments, with the first installment vesting on June 5, 2018; provided, however, that all of such RSUs will vest immediately if Mr. Pearlman is terminated as Executive Chairman for any reason other than for cause.