Erwin Haitzmann - Sep 11, 2023 Form 4 Insider Report for CENTURY CASINOS INC /CO/ (CNTY)

Role
Chairman of the Board/Co CEO, Director
Signature
/s/ Erwin Haitzmann
Stock symbol
CNTY
Transactions as of
Sep 11, 2023
Transactions value $
$125,620
Form type
4
Date filed
9/13/2023, 04:31 PM
Previous filing
Mar 17, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CNTY Common Stock Purchase $126K +22K +12.27% $5.71 201K Sep 11, 2023 Direct F1
holding CNTY Common Stock 1.2M Sep 11, 2023 By Management Company

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 CNTY Employee Stock Option (right to buy) Disposed to Issuer -450K -100% 0 Sep 12, 2023 Common Stock 450K $5.05 Direct F2, F3
transaction CNTY Employee Stock Option (right to buy) Award +450K 450K Sep 12, 2023 Common Stock 450K $5.61 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $5.66 to $5.75. 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.
F2 The option granted on December 26, 2014 provided for vesting of 25% at grant date and 25% annually beginning December 26, 2015.
F3 On September 12, 2023, the issuer canceled, pursuant to an issuer option exchange program, an option for 450,000 shares of CNTY common stock granted to the reporting person on December 26, 2014. In exchange, the reporting person received a replacement option, for 450,000 shares, having an exercise price of $5.61 a share.
F4 The option vests 25% at grant date, 25% at one year from grant date, 25% at two years from grant date and an additional 25% at three years from grant date.