EMPIRE RESORTS INC 4
4 · EMPIRE RESORTS INC · Filed Nov 4, 2015
Insider Transaction Report
Form 4
SIMON JAMES
Director
Transactions
- Exercise/Conversion
Common Stock, $.01 par value per share
2015-11-02$2.79/sh+12,153$33,907→ 84,028 total - Sale
Common Stock, $.01 par value per share
2015-11-02$4.70/sh−12,153$57,092→ 71,875 total - Exercise/Conversion
Common Stock, $.01 par value per share
2015-11-03$2.79/sh+1,180$3,292→ 73,055 total - Award
Common Stock, $.01 par value per share
2015-11-03+15,000→ 86,875 total - Exercise/Conversion
Option to purchase Common Stock (right to buy)
2015-11-03−1,180→ 0 totalExercise: $2.79Exp: 2015-11-08→ Common Stock, $.01 par value per share (1,180 underlying) - Sale
Common Stock, $.01 par value per share
2015-11-03$4.70/sh−1,180$5,546→ 71,875 total - Exercise/Conversion
Option to purchase Common Stock (right to buy)
2015-11-02−12,153→ 1,180 totalExercise: $2.79Exp: 2015-11-08→ Common Stock, $.01 par value per share (12,153 underlying)
Footnotes (4)
- [F1]The exercise of an option held by Mr. Simon and the sale of the underlying shares were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Simon effective as of November 12, 2013.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in more than one transaction at a price ranging from $4.60 to $4.80, inclusive. The reporting person undertakes to provide to Empire Resorts, Inc., any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Restricted stock grant under the 2015 Empire Resorts, Inc. Equity Incentive Plan, which shall vest on January 6, 2017.
- [F4]The option was fully vested as of November 9, 2013.