4//SEC Filing
Sanko Jamie M. 4
Accession 0000899243-19-027387
CIK 0000906780other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 4:41 PM ET
Size
7.9 KB
Accession
0000899243-19-027387
Insider Transaction Report
Form 4
Sanko Jamie M.
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock, par value $.01 per share
2019-11-15$9.74/sh−25,000$243,500→ 0 total - Disposition to Issuer
Restricted Stock Units
2019-11-15−15,000→ 0 total→ Common Stock, par value $.01 per share (15,000 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 20, 2019, Mr. Sanko was granted 30,000 restricted stock units ("RSUs") under the Empire Resorts, Inc. 2015 Equity Incentive Plan, as amended, 15,000 of which RSUs vested immediately on the date of grant and 15,000 of which was to vest on March 20, 2020. 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 0001725305
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 4:41 PM ET
- Size
- 7.9 KB