4//SEC Filing
CAPPELLI LOUIS 4
Accession 0001019056-10-001343
CIK 0000906780other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 5:40 PM ET
Size
9.9 KB
Accession
0001019056-10-001343
Insider Transaction Report
Form 4
Cappelli Resorts LLC
Other
Transactions
- Sale
Common Stock, $0.1 par value per share
2010-11-29$1.10/sh−40,100$44,110→ 5,291,419 total(indirect: By LLC)
LRC Acquisition LLC
Other
Transactions
- Sale
Common Stock, $0.1 par value per share
2010-11-29$1.10/sh−40,100$44,110→ 5,291,419 total(indirect: By LLC)
CAPPELLI LOUIS
Director
Transactions
- Sale
Common Stock, $0.1 par value per share
2010-11-29$1.10/sh−40,100$44,110→ 5,291,419 total(indirect: By LLC)
Footnotes (2)
- [F1]The amount reported in Column 4 is a sum of shares sold in multiple transactions, all at the price of $1.10 per share. The Reporting Persons undertake to provide to Empire Resorts, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in each separate transaction.
- [F2]Louis R. Cappelli ("Cappelli") serves as the managing member and majority owner of LRC Acquisition LLC ("LRC") and Cappelli Resorts LLC ("Resorts"), and indirectly owns 5,129,986 shares of the Company's Common Stock, $.01 par value per share. Cappelli directly owns (i) 98,333 options which are currently exercisable and (ii) 10,000 of restricted stock issued on January 4, 2010 pursuant to the Company's 2005 Equity Incentive Plan, which shares will vest on January 4, 2011. LRC directly owns 3,955,474 of shares. Resorts directly owns 1,174,512 shares. Each of Cappelli, LRC and Resorts beneficially owns less than ten percent (10%) of the outstanding shares of the Company. Each of Cappelli, LRC and Resorts disclaims beneficial ownership of the shares reported on this Form 4 other than the shares directly owned by such person.
Documents
Issuer
EMPIRE RESORTS INC
CIK 0000906780
Entity typeother
Related Parties
1- filerCIK 0001432054
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 5:40 PM ET
- Size
- 9.9 KB