4//SEC Filing
Eller Ryan M 4
Accession 0000899243-19-027386
CIK 0000906780other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 4:41 PM ET
Size
8.0 KB
Accession
0000899243-19-027386
Insider Transaction Report
Form 4
Eller Ryan M
President and CEO
Transactions
- Disposition to Issuer
Common Stock, par value $.01 per share
2019-11-15$9.74/sh−40,000$389,600→ 0 total - Disposition to Issuer
Restricted Stock Units
2019-11-15−50,000→ 0 total→ Common Stock, par value $.01 per share (50,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, by and between Empire Resorts, Inc. (the "Company"), Hercules Topco LLC, and Hercules Merger Subsidiary Inc. (the "Merger Agreement"), on the effective date of the merger.
- [F2]On January 21, 2019, Mr. Eller was granted 50,000 restricted stock units ("RSUs") under the Empire Resorts, Inc. 2015 Equity Incentive Plan, as amended, of which 16,667 shares were to vest on January 21, 2020, 16,667 shares were to vest on January 21, 2021 and 16,666 shares were to vest on January 21, 2022. Each RSU represented the right to receive one share of the Company's common stock. On the effective date of the merger, all outstanding RSUs, whether or not then vested, were canceled, extinguished and converted into the right to receive the merger consideration issuable to holders of common stock pursuant to the Merger Agreement.
Documents
Issuer
EMPIRE RESORTS INC
CIK 0000906780
Entity typeother
Related Parties
1- filerCIK 0001701007
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 4:41 PM ET
- Size
- 8.0 KB