LIM JULIET 4
4 · Everi Holdings Inc. · Filed Nov 17, 2017
Insider Transaction Report
Form 4
LIM JULIET
EVP & General Counsel
Transactions
- Sale
Common Stock
2017-11-15$8.30/sh−75,000$622,500→ 43,370 total - Sale
Common Stock
2017-11-17$8.65/sh−5,000$43,250→ 20,718 total - Exercise/Conversion
Common Stock
2017-11-15$6.59/sh+75,000$494,250→ 118,370 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-11-15−75,000→ 145,000 totalExercise: $6.59Exp: 2024-05-02→ Common Stock (75,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-11-15−21,863→ 243,137 totalExercise: $1.46Exp: 2026-05-13→ Common Stock (21,863 underlying) - Exercise/Conversion
Common Stock
2017-11-15$1.46/sh+21,863$31,920→ 65,233 total - Sale
Common Stock
2017-11-15$8.30/sh−21,863$181,463→ 43,370 total - Sale
Common Stock
2017-11-16$8.46/sh−17,652$149,336→ 25,718 total - Sale
Common Stock
2017-11-15$8.30/sh−14,000$116,200→ 43,370 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price of $8.30. These shares were sold in multiple transactions at prices ranging from $8.28 to $8.30, inclusive. The reporting person undertakes to provide to Everi Holdings Inc., any security holder of Everi Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and footnote (2) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price of $8.30. These shares were sold in multiple transactions at prices ranging from $8.26 to $8.35, inclusive.
- [F3]This grant is comprised of an option to purchase 220,000 shares of the Issuer's common stock, of which (i) 100,000 shares will vest in four equal installments on the first, second, third and fourth yearly anniversary date of the grant, and (ii) the remaining alance of the shares subject to the option grant will vest in up to three tranches, if upon conclusion of any period of thirty consecutive trading days prior to the fourth anniversary of the option grant, the average closing price of the Issuer's common stock on the New York Stock Exchange exceeds certain target closing prices of the Issuer's common stock.
- [F4]This grant is comprised of an option to purchase 87,450 shares of the Company's common stock, which will vest in equal installments on each of the first four anniversary dates of the grant as well as an option to purchase 177,550 shares of the Company's common stock that will vest in equal installments on each of the first four anniversary dates of the grant ("Vesting Date"); provided that as of the vesting date for each vesting tranche ("Tranche"), the closing price of the Company's shares on theNew York Stock Exchange is at least $2.19 ("Price Hurdle"). If the Price Hurdle is not met as of the Vesting Date for a Tranche, then the Tranche shall vest and become Vested Shares on the last day of a period of thirty (30) consecutive Trading Days during which the Closing Price is at least the Price Hurdle.