4//SEC Filing
ISLE OF CAPRI CASINOS INC 4
Accession 0000899243-17-011760
CIK 0000863015operating
Filed
May 2, 8:00 PM ET
Accepted
May 3, 9:04 PM ET
Size
11.3 KB
Accession
0000899243-17-011760
Insider Transaction Report
Form 4
MITCHELL DONN R II
SENIOR VICE PRESIDENT OF UK OP
Transactions
- Disposition to Issuer
Common Stock
2017-05-01−41,149→ 0 total - Disposition to Issuer
Restricted Stock Units
2017-05-01−14,660→ 0 total→ Common Stock (14,660 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2017-05-01−78,715→ 0 total→ Common Stock (78,715 underlying)
Footnotes (3)
- [F1]On May 1, 2017, pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), dated September 19, 2016, among Eldorado Resorts, Inc. ("ERI"), Isle of Capri Casinos, Inc. ("Isle"), Eagle I Acquisition Corp. ("Merger Sub A") and Isle of Capri Casinos LLC (f/k/a Eagle II Acquisition Company LLC) ("Merger Sub B"), Merger Sub A merged with and into Isle (the "First Step Merger"), and immediately following the First Step Merger, Isle merged with and into Merger Sub B. At the effective time of the First Step Merger (the "Effective Time"), each outstanding share of Isle common stock was converted into the right to receive, at the election of the holder and subject to the proration and reallocation provisions of the Merger Agreement, either 1.638 shares of ERI common stock (with cash paid in lieu of fractional shares) or $23.00 in cash.
- [F2](Continued from Footnote 1) At the Effective Time, (i) each outstanding option to acquire shares of Isle common stock, whether vested or unvested, was converted into an option or right to purchase shares of ERI common stock on the same terms and conditions as were applicable to such option immediately prior to the Effective Time and each outstanding Isle restricted stock unit, was converted into a restricted stock unit in respect of shares of ERI common stock, in an amount equal to 1.638 shares of ERI common stock (with aggregated fractional shares rounded to the nearest whole share) on the same terms and conditions as were applicable to such restricted stock unit immediately prior to the Effective Time.
- [F3]These Employee Stock Options and Restricted Stock Units were cancelled at the Effective Time and converted into the right to receive the consideration described in (1).
Documents
Issuer
ISLE OF CAPRI CASINOS INC
CIK 0000863015
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000863015
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 9:04 PM ET
- Size
- 11.3 KB