4//SEC Filing
Rodriguez-Cayro Narciso A 4
Accession 0001104659-11-004237
CIK 0000834162other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 8:31 PM ET
Size
15.5 KB
Accession
0001104659-11-004237
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units (2010 Long Term Incentive Plan)
2011-01-28+18,800→ 18,800 totalFrom: 2014-01-28→ Common Stock (18,800 underlying) - Award
Nonqualified Stock Options (2010 Long Term Incentive Plan)
2011-01-28+56,300→ 56,300 totalExercise: $2.32Exp: 2021-01-28→ Common Stock (56,300 underlying)
Holdings
- 4,000
Restricted Stock Units (2005 Stock Incentive Plan)
→ Common Stock (4,000 underlying) - 6,000
Restricted Stock Units (2002 Stock Incentive Plan)
→ Common Stock (6,000 underlying) - 12,500
Restricted Stock Units (2007 Stock Incentive Plan)
→ Common Stock (12,500 underlying) - 2,500
Restricted Stock Units (2004 Stock Incentive Plan)
→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Date of Grant: January 28, 2011. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of MTR Gaming Group, Inc. in exchange for each RSU, subject to the terms of the 2010 Long-Term Incentive Plan and the Restricted Stock Unit Award Agreement (the "Agreement"). Subject to certain provisions, 100% of the RSUs granted will vest and become non-forfeitable upon the third anniversary of the date of grant (or January 28, 2014). Unvested RSUs shall vest immediately upon (x) the termination of employment if such termination is not due to cause, or by the death or the disability of the reporting person and (y) consummation of a change of control of the Company. The RSUs shall terminate as provided in the applicable Agreement.
- [F2]Date of Grant: January 28, 2011. Subject to the provisions of the 2010 Long-Term Incentive Plan and the Nonqualified Stock Option Award Agreement, the nonqualified stock options vest and become exercisable in three equal annual installments, 33% on the first anniversary of the date of grant (or January 28, 2012), 33% on the second anniversary of the date of grant (or January 28, 2013) and 34% on the third anniversary of the date of grant (or January 28, 2014); and will vest immediately upon (x) the termination of employment by the death or the disability of the reporting person and (y) consummation of a change of control of the Company.
- [F3]Date of Grant: January 22, 2010. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of MTR Gaming Group, Inc. in exchange for each RSU, subject to the terms of the applicable plan and the Restricted Stock Unit and Cash Award Agreement (the "Agreement"). Subject to certain provision, one-third of the RSUs granted will vest and become non-forfeitable upon each of the first, second and third anniversaries of the date of grant (or January 22, 2011, January 22, 2012 and January 22, 2013, respectively). Unvested RSUs shall vest immediately upon (x) the termination of employment if such termination is not due to cause, or by the death or the disability of the reporting person and (y) consummation of a change of control of the Company. In addition, the reporting person also received certain cash awards under the terms of the respective Agreement. The RSUs shall terminate as provided in the applicable Agreement.
Documents
Issuer
MTR GAMING GROUP INC
CIK 0000834162
Entity typeother
Related Parties
1- filerCIK 0001481950
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 8:31 PM ET
- Size
- 15.5 KB