Home/Filings/4/0001209191-18-051270
4//SEC Filing

PETERS EDWARD ADAM 4

Accession 0001209191-18-051270

CIK 0001318568other

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 6:02 PM ET

Size

21.5 KB

Accession

0001209191-18-051270

Insider Transaction Report

Form 4
Period: 2018-09-13
Transactions
  • Exercise/Conversion

    Stock Option

    2018-09-1344,388133,162 total
    Exercise: $1.46Exp: 2026-05-13Common Stock (44,388 underlying)
  • Exercise/Conversion

    Stock Option

    2018-09-1315,61271,838 total
    Exercise: $1.46Exp: 2026-05-13Common Stock (15,612 underlying)
  • Exercise/Conversion

    Common Stock

    2018-09-13$1.46/sh+44,388$64,80660,388 total
  • Exercise/Conversion

    Common Stock

    2018-09-13$1.46/sh+15,612$22,79431,612 total
  • Sale

    Common Stock

    2018-09-13$8.96/sh44,388$397,71616,000 total
  • Sale

    Common Stock

    2018-09-13$9.16/sh15,612$143,00616,000 total
  • Exercise/Conversion

    Common Stock

    2018-09-14$1.46/sh+6,251$9,12622,251 total
  • Sale

    Common Stock

    2018-09-14$9.50/sh6,251$59,38516,000 total
  • Exercise/Conversion

    Stock Option

    2018-09-146,25165,587 total
    Exercise: $1.46Exp: 2026-05-13Common Stock (6,251 underlying)
Footnotes (5)
  • [F1]The transaction(s) reflected in this Form 4 were effected pursuant to a 10b5-1 plan adopted by the reporting person on August 13, 2018. The plan provides for a maximum number of options of 66,251 to be sold.
  • [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.63 to $9.06, inclusive. The reporting person undertakes to provide to the corporation, any security holder of the corporation, 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 ranges set forth in this footnote.
  • [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $9.00 to $9.25, inclusive. The reporting person undertakes to provide to the corporation, any security holder of the corporation, 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 ranges set forth in this footnote.
  • [F4]Represents an option to purchase 177,550 shares of the Company's common stock that will vest in equal installments on each of the first four anniversary dates of the grant ("Vesting Date"); provided that as of the vesting date for each vesting tranche ("Tranche"), the closing price of the Company's shares on the New York Stock Exchange is at least $2.19 ("Price Hurdle"). If the Price Hurdle is not met as of the Vesting Date for a Tranche, then the Tranche shall vest and become vested shares on the last day of a period of thirty (30) consecutive trading days during which the closing price is at least the Price Hurdle.
  • [F5]Represents an option to purchase 87,450 shares of the Company's common stock, which will vest in equal installments on each of the first four anniversary dates of the grant.

Issuer

Everi Holdings Inc.

CIK 0001318568

Entity typeother

Related Parties

1
  • filerCIK 0001631308

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 6:02 PM ET
Size
21.5 KB