4//SEC Filing
CAPPELLI LOUIS 4
Accession 0001019056-10-001352
CIK 0000906780other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 9:43 PM ET
Size
9.7 KB
Accession
0001019056-10-001352
Insider Transaction Report
Form 4
CAPPELLI LOUIS
Director
Transactions
- Sale
Common Stock, $0.1 par value per share
2010-12-02$1.10/sh−100$110→ 5,238,219 total(indirect: By LLC) - Sale
Common Stock, $0.1 par value per share
2010-12-03$1.11/sh−22,575$25,058→ 5,215,644 total(indirect: By LLC)
LRC Acquisition LLC
Other
Transactions
- Sale
Common Stock, $0.1 par value per share
2010-12-02$1.10/sh−100$110→ 5,238,219 total(indirect: By LLC) - Sale
Common Stock, $0.1 par value per share
2010-12-03$1.11/sh−22,575$25,058→ 5,215,644 total(indirect: By LLC)
Footnotes (2)
- [F1]Louis R. Cappelli ("Cappelli") serves as the managing member and majority owner of LRC Acquisition LLC ("LRC"), and indirectly owns 5,107,311 shares of Common Stock, $.01 par value per share, of Empire Resorts, Inc. (the "Company"). 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 5,107,311 of shares. Each of Cappelli and LRC beneficially owns less than ten percent (10%) of the outstanding shares of the Company. Each of Cappelli and LRC disclaims beneficial ownership of the shares reported on this Form 4 other than the shares directly owned by such person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.11 to $1.14, inclusive. The Reporting Persons undertake to provide to Empire, 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 at each separate price within the range set forth in this footnote (2).
Documents
Issuer
EMPIRE RESORTS INC
CIK 0000906780
Entity typeother
Related Parties
1- filerCIK 0001432054
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 9:43 PM ET
- Size
- 9.7 KB