Rodriguez-Cayro Narciso A 4

Accession 0001104659-13-005676

CIK 0000834162other

View on SEC.gov Company Profile

Filed

Jan 28, 7:00 PM ET

Accepted

Jan 29, 6:20 PM ET

Size

19.9 KB

Accession

0001104659-13-005676

Insider Transaction Report

Form 4

Period: 2013-01-25

MTR GAMING GROUP INCMNTG

Rodriguez-Cayro Narciso A

Other

Transactions

Award
Restricted Stock Units (2010 Long Term Incentive Plan)
2013-01-25+9,100→ 9,100 total
From: 2016-01-25→ Common Stock (9,100 underlying)
Award
Nonqualified Stock Options (2010 Long Term Incentive Plan)
2013-01-25+27,400→ 27,400 total
Exercise: $3.94Exp: 2023-01-25→ Common Stock (27,400 underlying)

Holdings

Restricted Stock Units (2010 Long Term Incentive Plan)
From: 2014-01-28→ Common Stock (18,800 underlying)
18,800
Restricted Stock Units (2010 Long Term Incentive Plan)
From: 2015-01-27→ Common Stock (17,500 underlying)
17,500
Nonqualified Stock Options (2010 Long Term Incentive Plan)
Exercise: $2.44Exp: 2022-01-27→ Common Stock (52,600 underlying)
52,600
Common Stock
14,153
Nonqualified Stock Options (2010 Long Term Incentive Plan)
Exercise: $2.32Exp: 2021-01-28→ Common Stock (56,300 underlying)
56,300
Restricted Stock Units (2004 Stock Incentive Plan)
→ Common Stock (8,334 underlying)
8,334

Footnotes (7)

[F1]Date of Grant: January 25, 2013. 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 25, 2016). 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 25, 2013. 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 25, 2014), 33% on the second anniversary of the date of grant (or January 25, 2015) and 34% on the third anniversary of the date of grant (or January 25, 2016); 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 27, 2012. 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 27, 2015). 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.
[F4]Date of Grant: January 27, 2012. 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 27, 2013), 33% on the second anniversary of the date of grant (or January 27, 2014) and 34% on the third anniversary of the date of grant (or January 27, 2015); 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.
[F5]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.
[F6]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.
[F7]Date of Grant: February 1, 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 February 1, 2011, February 1, 2012 and February 1, 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

1 file

4
a4.xmlPrimary
4

Issuer

MTR GAMING GROUP INC

CIK 0000834162

→

Entity typeother

Related Parties

filerCIK 0001481950

Filing Metadata

Form type: 4
Filed: Jan 28, 7:00 PM ET
Accepted: Jan 29, 6:20 PM ET
Size: 19.9 KB

View on SEC.gov