MTR GAMING GROUP INC 4

Accession 0001104659-14-004629

CIK 0000834162operating

View on SEC.gov Company Profile

Filed

Jan 27, 7:00 PM ET

Accepted

Jan 28, 6:53 PM ET

Size

18.2 KB

Accession

0001104659-14-004629

Insider Transaction Report

Form 4

Period: 2014-01-24

MTR GAMING GROUP INCMNTG

Billhimer Joseph L. Jr.

Sr.VP Operations, Development

Transactions

Award
Restricted Stock Units (2010 Long Term Incentive Plan)
2014-01-24+29,800→ 29,800 total
From: 2017-01-24→ Common Stock (29,800 underlying)

Holdings

Restricted Stock Units (2010 Long Term Incentive Plan)
From: 2016-01-25→ Common Stock (9,900 underlying)
9,900
Nonqualified Stock Options (2010 Long Term Incentive Plan)
Exercise: $3.94Exp: 2023-01-25→ Common Stock (29,600 underlying)
29,600
Restricted Stock Units (2010 Long Term Incentive Plan)
From: 2015-01-27→ Common Stock (18,900 underlying)
18,900
Restricted Stock Units (2010 Long Term Incentive Plan)
From: 2014-05-04→ Common Stock (15,600 underlying)
15,600
Nonqualified Stock Options (2010 Long Term Incentive Plan)
Exercise: $2.44Exp: 2022-01-27→ Common Stock (56,800 underlying)
56,800
Nonqualified Stock Options (2010 Long Term Incentive Plan)
Exercise: $2.78Exp: 2021-05-04→ Common Stock (46,500 underlying)
46,500

Footnotes (7)

[F1]Date of Grant: January 24, 2014. 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 24, 2017). 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. 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.
[F3]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.
[F4]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.
[F5]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.
[F6]Date of Grant: May 4, 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 May 4, 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.
[F7]Date of Grant: May 4, 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 May 4, 2012), 33% on the second anniversary of the date of grant (or May 4, 2013) and 34% on the third anniversary of the date of grant (or May 4, 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.

Documents

1 file

4
a4.xmlPrimary
4

Issuer

MTR GAMING GROUP INC

CIK 0000834162

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000834162

Filing Metadata

Form type: 4
Filed: Jan 27, 7:00 PM ET
Accepted: Jan 28, 6:53 PM ET
Size: 18.2 KB

View on SEC.gov