Stephen S. Thompson - Aug 13, 2021 Form 4 Insider Report for BOYD GAMING CORP (BYD)

Role: Executive Vice President
Signature: /s/ Scott Lesmes, as Attorney-in-Fact
Stock symbol: BYD
Transactions as of: Aug 13, 2021
Transactions value $: -$506,782
Form type: 4
Date filed: 8/17/2021, 05:51 PM
Next filing: Dec 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BYD	Common Stock	Options Exercise	$212K	+12K	+19.43%	$17.75	73.5K	Aug 13, 2021	Direct
transaction	BYD	Common Stock	Sale	-$719K	-12K	-16.27%	$60.12	61.6K	Aug 13, 2021	Direct	F1
holding	BYD	Common Stock						47.1K	Aug 13, 2021	By Trust	F2

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	-12K	-100%	$0.00^*	0	Aug 13, 2021	Common Stock	12K	$17.75	Direct	F3

* 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 from $60.00 to $60.32. The price reported above reflects the weighted average sales 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	Stephen S. and Debra L. Thompson Trust dated December 17, 2015.
F3	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.