Keith Smith - Aug 23, 2021 Form 4 Insider Report for BOYD GAMING CORP (BYD)

Role
President & CEO, Director
Signature
/s/ Scott Lesmes, as Attorney-in-Fact
Stock symbol
BYD
Transactions as of
Aug 23, 2021
Transactions value $
-$1,126,869
Form type
4
Date filed
8/25/2021, 05:22 PM
Previous filing
Aug 20, 2021
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 $599K +30K +2.45% $19.98 1.26M Aug 23, 2021 Direct
transaction BYD Common Stock Sale -$1.73M -30K -2.39% $57.54 1.23M Aug 23, 2021 Direct F1
holding BYD Common Stock 325 Aug 23, 2021 By Spouse

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 -30K -31.82% $0.00 64.3K Aug 23, 2021 Common Stock 30K $19.98 Direct F2
* 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 $57.35 to $57.77. 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 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 of October 29, 2015.