SEC Form 4 · accession 0000903423-18-000003
EMPIRE RESORTS INC · NYNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 28, 2017
Accepted (ET)
Jan 5, 2018 · 9:11 am 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 StockF1,F2 | Dec 28, 2017 | X | 1,379,873 | $26.21 | A | 28,912,940 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares received upon conversion of $36 million note held by Kien Huat evidencing the amount due from Montreign Holding Company LLC to Kien Huat.
- F2Kien Huat has direct beneficial ownership of the securities reported in this Form 4 (the "Shares"). Lim Kok Thay ("Mr. Lim") controls Kien Huat through two trusts that directly and indirectly own all the shares of Kien Huat and, therefore, Mr. Lim has indirect beneficial ownership of such Shares. Mr. Lim has the power to remove and replace the trustees of such trusts in his sole discretion and is one of the beneficiaries of such trusts. Mr. Lim disclaims beneficial ownership of the Shares for purposes of Section 16 reporting except to the extent of his pecuniary interest.