AMERISTAR CASINOS INC 4
4 · AMERISTAR CASINOS INC · Filed Aug 14, 2013
Insider Transaction Report
Form 4
Cochrane Luther P
Director
Transactions
- Disposition to Issuer
Common Stock
2013-08-13$26.50/sh−10,496$278,144→ 0 total - Disposition to Issuer
Common Stock
2013-08-13$26.50/sh−27,901$739,377→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Options (Right to Buy)
2013-08-13$4.41/sh−3,750$16,538→ 0 total(indirect: By Trust)Exercise: $22.09Exp: 2021-07-29→ Common Stock (3,750 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2013-08-13$9.27/sh−7,500$69,525→ 0 total(indirect: By Trust)Exercise: $17.23Exp: 2018-06-20→ Common Stock (7,500 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2013-08-13$3.62/sh−17,600$63,712→ 0 total(indirect: By Trust)Exercise: $22.88Exp: 2016-01-27→ Common Stock (17,600 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2013-08-13$7.88/sh−3,750$29,550→ 0 total(indirect: By Trust)Exercise: $18.62Exp: 2019-07-31→ Common Stock (3,750 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2013-08-13$9.82/sh−8,210$80,622→ 0 total(indirect: By Trust)Exercise: $16.68Exp: 2022-07-25→ Common Stock (8,210 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2013-08-13$10.88/sh−3,750$40,800→ 0 total(indirect: By Trust)Exercise: $15.62Exp: 2020-07-30→ Common Stock (3,750 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 Luther P. Cochrane Irrevocable Trust, of which the reporting person's children are the beneficiaries and of which the reporting person's wife is a co-trustee. The reporting person disclaims beneficial ownership of securities owned by such trust.
- [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.