Keith Smith - May 24, 2021 Form 4 Insider Report for BOYD GAMING CORP (BYD)

Role
President & CEO, Director
Signature
Scott Lesmes, as Attorney-in-Fact
Stock symbol
BYD
Transactions as of
May 24, 2021
Transactions value $
-$5,115,101
Form type
4
Date filed
5/26/2021, 07:51 PM
Next filing
Aug 20, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYD Common Stock Options Exercise $247K +25K +1.92% $9.86* 1.33M May 24, 2021 Direct
transaction BYD Common Stock Sale -$1.51M -25K -1.88% $60.60 1.3M May 24, 2021 Direct F2
transaction BYD Common Stock Options Exercise $444K +45.1K +3.46% $9.86* 1.35M May 24, 2021 Direct
transaction BYD Common Stock Sale -$2.75M -45.1K -3.35% $61.01 1.3M May 24, 2021 Direct F3
transaction BYD Common Stock Options Exercise $57.1K +4.93K +0.38% $11.57* 1.31M May 24, 2021 Direct
transaction BYD Common Stock Sale -$301K -4.93K -0.38% $61.01 1.3M May 24, 2021 Direct F3
transaction BYD Common Stock Options Exercise $290K +25.1K +1.93% $11.57* 1.33M May 26, 2021 Direct
transaction BYD Common Stock Sale -$1.59M -25.1K -1.89% $63.32 1.3M May 26, 2021 Direct F4
holding BYD Common Stock 325 May 24, 2021 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BYD Employee Stock Option (Right to Buy) Options Exercise $0 -25K -35.68% $0.00 45.1K May 24, 2021 Common Stock 25K $9.86 Direct F1
transaction BYD Employee Stock Option (Right to Buy) Options Exercise $0 -45.1K -100% $0.00* 0 May 24, 2021 Common Stock 45.1K $9.86 Direct F1
transaction BYD Employee Stock Option (Right to Buy) Options Exercise $0 -4.93K -4.91% $0.00 95.5K May 24, 2021 Common Stock 4.93K $11.57 Direct F1
transaction BYD Employee Stock Option (Right to Buy) Options Exercise $0 -25.1K -26.25% $0.00 70.4K May 26, 2021 Common Stock 25.1K $11.57 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options granted under Boyd Gaming Corporation's 2012 Stock Incentive Plan. Vesting plan calls for options to become exercisable at the rate of 33.333% per year on the first day of each successive 12 month period commencing one year from grant date.
F2 This transaction was executed in multiple trades at prices ranging from $60.44 to $60.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $60.75 to $61.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $63.06 to $63.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

Exhibit 24 - Power of Attorney