Home/Filings/4/0001104659-11-064897
4//SEC Filing

Dahl Jeffrey J 4

Accession 0001104659-11-064897

CIK 0000834162other

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 4:52 PM ET

Size

12.1 KB

Accession

0001104659-11-064897

Insider Transaction Report

Form 4
Period: 2011-11-16
Dahl Jeffrey J
President & CEO
Transactions
  • Purchase

    Common Stock

    2011-11-16$1.75/sh+1,100$1,92516,910 total
  • Purchase

    Common Stock

    2011-11-17$1.75/sh+43,090$75,40860,000 total
Holdings
  • Nonqualified Stock Options (2010 Long Term Incentive Plan)

    Exercise: $2.04Exp: 2021-01-10Common Stock (150,000 underlying)
    150,000
  • Restricted Stock Units (2010 Long Term Incentive Plan)

    From: 2014-01-28Common Stock (37,600 underlying)
    37,600
  • Nonqualified Stock Options (2010 Long Term Incentive Plan)

    Exercise: $2.32Exp: 2021-01-28Common Stock (112,700 underlying)
    112,700
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 10, 2011. Subject to the provisions of the Nonqualified Stock Option Award Agreement, the nonqualified stock options vest and become exercisable in three equal annual installments, one-third on the date of grant (or January 10, 2011), one-third on January 10, 2012 and one-third on January 10, 2013; and will 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.

Documents

1 file

Issuer

MTR GAMING GROUP INC

CIK 0000834162

Entity typeother

Related Parties

1
  • filerCIK 0001510498

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:52 PM ET
Size
12.1 KB