AMERISTAR CASINOS INC 4
4 · AMERISTAR CASINOS INC · Filed Aug 14, 2013
Insider Transaction Report
Form 4
KANOFSKY GORDON
DirectorCEO, Vice Chairman10% Owner
Transactions
- Disposition to Issuer
Common Stock
2013-08-13$26.50/sh−203,967$5,405,126→ 0 total - Disposition to Issuer
Common Stock
2013-08-13$26.50/sh−135,993$3,603,815→ 0 total(indirect: By Trust) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$3.63/sh−67,866$246,354→ 0 total(indirect: By Trust)Exercise: $22.87Exp: 2015-12-15→ Common Stock (67,866 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$4.41/sh−58,870$259,617→ 0 total(indirect: By Trust)Exercise: $22.09Exp: 2021-07-29→ Common Stock (58,870 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$5.20/sh−73,744$383,469→ 0 total(indirect: By Trust)Exercise: $21.30Exp: 2014-12-16→ Common Stock (73,744 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$7.88/sh−65,750$518,110→ 0 total(indirect: By Trust)Exercise: $18.62Exp: 2019-07-31→ Common Stock (65,750 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$8.88/sh−294,830$2,618,090→ 0 total(indirect: By Trust)Exercise: $17.62Exp: 2021-11-21→ Common Stock (294,830 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$9.82/sh−162,100$1,591,822→ 0 total(indirect: By Trust)Exercise: $16.68Exp: 2022-07-25→ Common Stock (162,100 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$10.88/sh−61,610$670,317→ 0 total(indirect: By Trust)Exercise: $15.62Exp: 2020-07-30→ Common Stock (61,610 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$13.93/sh−67,600$941,668→ 0 total(indirect: By Trust)Exercise: $12.57Exp: 2018-07-25→ Common Stock (67,600 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-08-13$14.97/sh−48,340$723,771→ 0 total(indirect: By Trust)Exercise: $11.53Exp: 2013-12-11→ Common Stock (48,340 underlying)
Footnotes (4)
- [F1]Pursuant to the terms of the issuer's applicable stock incentive plans and the terms of the Agreement and Plan of Merger (the "Merger") among the issuer, Pinnacle Entertainment, Inc., and certain affiliates of Pinnacle, vesting of restricted stock units included in these securities (if not already vested) was accelerated and such units were cancelled in the Merger in exchange for a cash payment equal to $26.50, the price payable by the acquirer in the Merger (the "Merger Price") for each share receivable in respect of such units.
- [F2]Pursuant to the Merger, all outstanding shares of common stock of the issuer were cancelled in exchange for the right to receive the Merger Price in cash.
- [F3]Securities owned by the Kanofsky Family Trust dated 1-27-98, of which Mr. Kanofsky and his spouse are co-trustees.
- [F4]Pursuant to the issuer's applicable stock incentive plans and the terms of the Merger, vesting of these options (if not already vested) was accelerated and such options were cancelled in the Merger in exchange for a cash payment, per share, equal to the difference between the Merger Price and the exercise price of the option.