EMPIRE RESORTS INC 4
4 · EMPIRE RESORTS INC · Filed Mar 24, 2014
Insider Transaction Report
Form 4
Pitts Laurette
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, $.01 par value per share
2014-03-20$3.03/sh+11,500$34,845→ 24,000 total - Sale
Common Stock, $.01 par value per share
2014-03-20$7.62/sh−11,500$87,584→ 12,500 total - Exercise/Conversion
Employee Stock Option (right to buy)
2014-03-20−11,500→ 5,167 totalExercise: $3.03Exp: 2015-12-12→ Common Stock, $.01 par value per share (11,500 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in more than one transaction at price ranging from $7.81 to $7.573, inclusive. The reporting person undertakes to provide to Empire Resorts, Inc., any security holder of the Company 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 range set forth in this footnote.
- [F2]The option shares fully vested on December 13, 2013.