4//SEC Filing
Eller Ryan M 4
Accession 0000899243-19-001836
CIK 0000906780other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 9:54 PM ET
Size
6.4 KB
Accession
0000899243-19-001836
Insider Transaction Report
Form 4
Eller Ryan M
President and CEO
Transactions
- Award
Restricted Stock Units
2019-01-21+50,000→ 50,000 total→ Common Stock, par value $.01 per share (50,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Empire Resorts, Inc. (the "Company"). The Company may also elect to settle the vested RSUs for cash at its discretion.
- [F2]Mr. Eller was granted 50,000 RSUs under the Empire Resorts, Inc. 2015 Equity Incentive Plan, as amended (the "Plan"), which RSUs vest annually in three equal installments, with one third vesting on January 21, 2020, one third vesting on January 21, 2021 and one third vesting on January 21, 2022; provided that the RSUs shall vest immediately: (i) upon a Change in Control, or (ii) if Mr. Eller is terminated as President and Chief Executive Officer for any reason other than for Cause. Subject to Mr. Eller's continued employment with the Company, the shares of common stock deliverable upon vesting of the RSUs shall be delivered on January 21, 2022. All capitalized but undefined terms have the meanings ascribed thereto by the Plan.
Documents
Issuer
EMPIRE RESORTS INC
CIK 0000906780
Entity typeother
Related Parties
1- filerCIK 0001701007
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 9:54 PM ET
- Size
- 6.4 KB