SCHORR MARC D 4
4 · WYNN RESORTS LTD · Filed May 9, 2011
Insider Transaction Report
Form 4
WYNN RESORTS LTDWYNN
SCHORR MARC D
Chief Operating Officer
Transactions
- Exercise/Conversion
Stock Options (right to buy)
2011-05-06−50,000→ 400,000 totalExercise: $47.12Exp: 2019-05-06→ Common Stock, par value $0.01 (50,000 underlying) - Exercise/Conversion
Common Stock, par value $0.01
2011-05-06$47.12/sh+50,000$2,356,000→ 300,000 total - Sale
Common Stock, par value $0.01
2011-05-06$145.00/sh−50,000$7,250,145→ 250,000 total
Footnotes (1)
- [F1]The original grant of 500,000 options vest 10% per year on each anniversary of the date of grant (May 6, 2009); provided, that if the reporting person ceases to be an employee of the Company, any options that are unvested at such time will be forfeited.