MANDALAY RESORT GROUP 4
4 · MANDALAY RESORT GROUP · Filed Sep 9, 2003
Insider Transaction Report
Form 4
SCHAEFFER GLENN
DirectorPresident and CFO
Transactions
- Exercise/Conversion
Option
2003-09-05−33,333→ 0 totalExercise: $13.00From: 2001-02-09Exp: 2009-02-09→ Common Stock (33,333 underlying) - Sale
Common Stock (.01 2/3 Par Value)
2003-09-05$39.69/sh−350,000$13,891,500→ 436,895 total - Exercise/Conversion
Common Stock (.01 2/3 Par Value)
2003-09-05$13.00/sh+33,333$433,329→ 470,228 total - Exercise/Conversion
Option
2003-09-05−200,000→ 0 totalExercise: $17.25From: 2002-10-02Exp: 2011-10-01→ Common Stock (200,000 underlying) - Exercise/Conversion
Common Stock (.01 2/3 Par Value)
2003-09-05$13.00/sh+116,667$1,516,671→ 586,895 total - Exercise/Conversion
Common Stock (.01 2/3 Par Value)
2003-09-05$17.25/sh+200,000$3,450,000→ 786,895 total - Exercise/Conversion
Option
2003-09-05−116,667→ 0 totalExercise: $13.00From: 2002-02-09Exp: 2009-02-09→ Common Stock (116,667 underlying)