4//SEC Filing
LAS VEGAS SANDS CORP 4
Accession 0000950142-13-001993
$LVSCIK 0001300514operating
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:47 PM ET
Size
15.7 KB
Accession
0000950142-13-001993
Insider Transaction Report
Form 4
SCHWARTZ JEFFREY H
Director
Transactions
- Exercise/Conversion
Option (Right to Buy)
2013-09-17+66,115→ 16,529 totalExercise: $0.37Exp: 2019-03-11→ Common Stock (66,115 underlying) - Sale
Common Stock
2013-09-17$63.87/sh−25,351$1,619,244→ 51,610 total - Sale
Common Stock
2013-09-17$63.87/sh−7,189$459,183→ 63,171 total - Exercise/Conversion
Option (Right to Buy)
2013-09-17+18,750→ 6,250 totalExercise: $13.34Exp: 2020-02-22→ Common Stock (18,750 underlying) - Exercise/Conversion
Common Stock
2013-09-17$0.37/sh+66,115$24,463→ 76,961 total - Exercise/Conversion
Common Stock
2013-09-17$13.34/sh+18,750$250,125→ 70,360 total
Footnotes (6)
- [F1]In accordance with the provisions of the Issuer's 2004 Equity Award Plan, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options to reflect the $2.75 per share special dividend to be paid on outstanding shares of the Issuer's common stock. The exercise price of options with an exercise price of $2.75 or less was reduced by 79%, and the holder received the remaining portion of the exercise price adjustment in cash. The equitable adjustment was effective as of December 10, 2012.
- [F2]Shares sold in connection with the exercise of stock options.
- [F3]This transaction was executed in multiple trades at prices ranging from $63.83 to $63.92. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]In accordance with the provisions of the Issuer's 2004 Equity Award Plan, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options to reflect the $2.75 per share special dividend to be paid on outstanding shares of the Issuer's common stock. The equitable adjustment was effective as of December 10, 2012.
- [F5]The Reporting Person was granted options to purchase 82,644 shares on March 12, 2009, of which 16,528 vested on March 12, 2010, 16,529 vested on March 12, 2011, 16,529 vested on March 12, 2012, 16,529 vested on March 12, 2013 and 16,529 will vest on March 12, 2014.
- [F6]The Reporting Person was granted options to purchase 25,000 shares on February 23, 2010, of which 6,250 vested on February 23, 2011, 6,250 vested on February 23, 2012, 6,250 vested on February 23, 2013, and 6,250 will vest on February 23, 2014.
Documents
Issuer
LAS VEGAS SANDS CORP
CIK 0001300514
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001300514
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:47 PM ET
- Size
- 15.7 KB