SEC Form 4 · accession 0001209191-15-000544
EMPIRE RESORTS INC · NYNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Emanuel R Pearlman
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 12:30 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 share | Jan 2, 2015 | M | 2,500 | $5.43 | A | 23,334 | D | |
| Common Stock, $.01 par value per share | Jan 2, 2015 | D | 1,789 | $7.59 | D | 21,545 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common Stock (right to buy)F2 | $5.43 | Jan 2, 2015 | M | 2,500 | D | — | Jan 3, 2015 | Common Stock, $.01 par value per share | 2,500 | 0 | D |
Explanation of responses
- F1The exercise of the option was net settled with the Company and the exercise price was paid by the withholding of 1,789 shares of common stock by the Company pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.
- F2The option was fully vested and exercisable as of October 4, 2010.