4//SEC Filing
CHAKMAK PAUL 4
Accession 0001186747-12-000007
CIK 0000906553other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:15 PM ET
Size
6.5 KB
Accession
0001186747-12-000007
Insider Transaction Report
Form 4
CHAKMAK PAUL
Executive Vice President & COO
Transactions
- Award
Career Restricted Stock Units
2012-01-03+13,166→ 13,166 total→ Common Stock (13,166 underlying)
Footnotes (2)
- [F1]The Career Restricted Stock Units were granted to the Reporting Person for no consideration pursuant to the Issuer's Career Shares Program under its 2002 Stock Incentive Plan. Each Career Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock.
- [F2]The Career Restricted Stock Units will be paid out in shares of Issuer common stock at the time of retirement based upon the Reporting Person's/grantee's attained age and years of continuous service at the time of retirement. To receive any payout under the Career Shares Program, grantees must be at least years 55 years old and must have been continually employed by the Issuer for a minimum of 10 years. Retirement after 10 years of service will entitle a grantee to 50 percent of his or her Career Restricted Stock Units. This increases to 75 percent after 15 years and 100 percent following 20 years of employment. In the event of grantee's death or permanent disability, or following a change in control of Issuer, the grantee will be deemed to have attained age 55 and the Career Restricted Stock Units will immediately vest and convert into shares of Issuer common stock based on the grantee's years of continuous service through the date of death, termination resulting from permanent disability or the change in control, as applicable.
Documents
Issuer
BOYD GAMING CORP
CIK 0000906553
Entity typeother
Related Parties
1- filerCIK 0001278420
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:15 PM ET
- Size
- 6.5 KB