EMPIRE RESORTS INC 4
4 · EMPIRE RESORTS INC · Filed Nov 2, 2015
Insider Transaction Report
Form 4
D AMATO JOSEPH A
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock, $.01 par value per share
2015-10-29$4.81/sh−39,216$188,629→ 226,414 total - Exercise/Conversion
Common Stock, $.01 par value per share
2015-10-29$2.79/sh+53,333$148,799→ 265,630 total - Exercise/Conversion
Employee Stock Option (right to buy)
2015-10-29−53,333→ 0 totalExercise: $2.79Exp: 2015-11-08→ Common Stock, $.01 par value per share (53,333 underlying)
Footnotes (2)
- [F1]The exercise of the option was net settled with the Company and 30,935 shares of common stock were withheld to pay the exercise price and 8,281 shares of common stock were withheld to pay the applicable tax payments relating to the exercise pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934.
- [F2]The option was fully vested and exercisable as of November 9, 2013.