KEITH SMITH - 28 Feb 2024 Form 4 Insider Report for BOYD GAMING CORP (BYD)

Role: President and CEO, Director
Signature: /s/ Uri Clinton, attorney-in-fact for Keith Smith
Issuer symbol: BYD
Transactions as of: 28 Feb 2024
Net transactions value: -$2,327,376
Form type: 4
Filing time: 01 Mar 2024, 19:25:30 UTC
Previous filing: 21 Feb 2024
Next filing: 14 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BYD	Common Stock	Award	$0	+92,476	+8.4%	$0.000000	1,187,101	28 Feb 2024	Direct	F1
transaction	BYD	Common Stock	Tax liability	$2,327,376	-36,388	-3.1%	$63.96	1,150,713	28 Feb 2024	Direct
transaction	BYD	Common Stock	Award	$0	+50,489	+4.4%	$0.000000	1,201,202	28 Feb 2024	Direct	F2
holding	BYD	Common Stock						325	28 Feb 2024	By Spouse

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares underlying Performance Share Units that vested on February 28, 2024.
F2	The Reporting Person was awarded 50,489 Restricted Stock Units for no consideration pursuant to the Issuer's 2020 Stock Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock upon vesting. The Restricted Stock Units will vest in full on February 28, 2027. The Restricted Stock Units are subject to the forfeiture and other terms and conditions contained in the award agreement and the 2020 Stock Incentive Plan.

Content

Represents shares underlying Performance Share Units that vested on February 28, 2024.

The Reporting Person was awarded 50,489 Restricted Stock Units for no consideration pursuant to the Issuer's 2020 Stock Incentive Plan. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock upon vesting. The Restricted Stock Units will vest in full on February 28, 2027. The Restricted Stock Units are subject to the forfeiture and other terms and conditions contained in the award agreement and the 2020 Stock Incentive Plan.