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

Role: Vice Chairman/Co CEO/President, Director
Signature: /s/ Peter Hoetzinger
Stock symbol: CNTY
Transactions as of: Sep 11, 2023
Transactions value $: $43,200
Form type: 4
Date filed: 9/13/2023, 04:32 PM
Previous filing: Mar 17, 2023
Next filing: Sep 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNTY	Common Stock	Purchase	$43.2K	+7.5K	+5.51%	$5.76	144K	Sep 11, 2023	Direct
holding	CNTY	Common Stock						196K	Sep 11, 2023	By Management Company
holding	CNTY	Common Stock						1.07M	Sep 11, 2023	By Family Trust

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	F1, F2
transaction	CNTY	Employee Stock Option (right to buy)	Award		+450K			450K	Sep 12, 2023	Common Stock	450K	$5.61	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The option granted on December 26, 2014 provided for vesting of 25% at grant date and 25% annually beginning December 26, 2015.
F2	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.
F3	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.