RIVIERA HOLDINGS CORP 4
4 · RIVIERA HOLDINGS CORP · Filed Apr 7, 2004
Insider Transaction Report
Form 4
RIVIERA HOLDINGS CORPAMEX: RIV
TRUMP DONALD J
Other
Transactions
- Other
Option (Right to sell)
2004-04-05+350,000→ 0 total→ Common Stock (350,000 underlying) - Sale
Common Stock, par value $.001 per share
2004-04-05$10.00/sh−358,000$3,580,000→ 0 total - Other
Option (Right to sell)
2004-04-05+8,000→ 0 total→ Common Stock (8,000 underlying)
Footnotes (2)
- [F1]Option to acquire 350,000 shares of Common Stock of Issuer was granted by Reporting Person. The option, which expires on December 31, 2004, was terminated in connection with a sale of the underlying securities by the Reporting Person. The exercise price was equal to the greater of (i) $2,275,000 (the amount paid by Donald J. Trump, grantor of the option, for the underlying shares) plus incurred brokerage and/or other commissions and/or fees paid by Mr. Trump or (ii) the fair market value of the shares on the date of exercise based on the average closing sale price of the Issuer's Common Stock on the American Stock Exchange for the 20 trading days immediately preceding the date of exercise.
- [F2]Option to acquire 8,000 shares of Common Stock of Issuer was granted by Reporting Person. The option, which expires on December 31, 2004, was terminated in connection with a sale of the underlying securities by the Reporting Person. The exercise price was equal to the greater of (i) $37,970.40 (the amount paid by Donald J. Trump, grantor of the option, for the underlying shares) plus incurred brokerage and/or other commissions and/or fees paid by Mr. Trump or (ii) the fair market value of the shares on the date of exercise based on the average closing sale price of the Issuer's Common Stock on the American Stock Exchange for the 20 trading days immediately preceding the date of exercise.