Andreas Terler - Sep 12, 2023 Form 4 Insider Report for CENTURY CASINOS INC /CO/ (CNTY)

Signature
/s/ Andreas Terler
Stock symbol
CNTY
Transactions as of
Sep 12, 2023
Transactions value $
$0
Form type
4
Date filed
9/13/2023, 04:37 PM
Previous filing
Mar 17, 2023
Next filing
Mar 19, 2024

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 -50K -100% 0 Sep 12, 2023 Common Stock 50K $5.05 Direct F1, F2
transaction CNTY Employee Stock Option (right to buy) Award +50K 50K Sep 12, 2023 Common Stock 50K $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 50,000 shares of CNTY common stock granted to the reporting person on December 26, 2014. In exchange, the reporting person received a replacement option, for 50,000 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.