EMPIRE RESORTS INC 4
4 · EMPIRE RESORTS INC · Filed Jun 5, 2013
Insider Transaction Report
Form 4
SIMON JAMES
Director
Transactions
- Exercise of In-Money
Subscription Rights (right to buy)
2013-06-04−10,664→ 0 totalExercise: $1.89From: 2013-04-30Exp: 2013-05-30→ Common Stock, $.01 par value per share (10,664 underlying) - Exercise of In-Money
Common Stock, $.01 par value per share
2013-06-04$1.89/sh+10,664$20,156→ 43,421 total
Footnotes (1)
- [F1]On April 30, 2013, the Company issued, to each holder of record as of April 8, 2013, subscription rights to acquire shares of common stock of the Company (the "Rights Offering") in accordance with the terms set forth in a prospectus, dated April 30, 2013, related to the Rights Offering. On June 4, 2013, the reporting person fully exercised his basic subscription right to purchase 5,332 shares of common stock, and exercised his over-subscription right to purchase additional shares unclaimed by other rights holders. The reporting person was allocated 5,332 additional shares pursuant to the exercise of his over-subscription right.