EMPIRE RESORTS INC 4
4 · EMPIRE RESORTS INC · Filed Nov 10, 2014
Insider Transaction Report
Form 4
Horner Nanette L.
Chief Compliance Officer
Transactions
- Exercise/Conversion
Common Stock, $.01 par value per share
2014-11-06$2.79/sh+6,666$18,598→ 26,666 total - Exercise/Conversion
Option to purchase Common Stock (right to buy)
2014-11-06−6,666→ 20,001 totalExercise: $2.79Exp: 2015-11-08→ Common Stock, $.01 par value per share (6,666 underlying) - Sale
Common Stock, $.01 par value per share
2014-11-06$8.01/sh−6,666$53,387→ 20,000 total
Footnotes (3)
- [F1]The exercise of options held by Ms. Horner and the sale of the underlying shares were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Horner effective as of November 11, 2013.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in more than one transaction at price ranging from $8.12 to $8.00, 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.
- [F3]The option was fully vested as of November 9, 2013.