Keith Smith - Nov 10, 2022 Form 4 Insider Report for BOYD GAMING CORP (BYD)

Signature
/s/ Uri Clinton, as Attorney-in-Fact
Stock symbol
BYD
Transactions as of
Nov 10, 2022
Transactions value $
-$2,509,966
Form type
4
Date filed
11/14/2022, 04:52 PM
Previous filing
Sep 6, 2022
Next filing
Dec 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYD Common Stock Options Exercise $999K +50K +4.2% $19.98 1.24M Nov 10, 2022 Direct
transaction BYD Common Stock Sale -$2.95M -50K -4.03% $59.09 1.19M Nov 10, 2022 Direct F1
transaction BYD Common Stock Options Exercise $285K +14.3K +1.2% $19.98 1.21M Nov 10, 2022 Direct
transaction BYD Common Stock Sale -$840K -14.3K -1.18% $58.83 1.19M Nov 10, 2022 Direct F2
holding BYD Common Stock 325 Nov 10, 2022 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 -64.3K -100% $0.00* 0 Nov 10, 2022 Common Stock 64.3K $19.98 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 ranging from $58.75 to $59.945. 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 This transaction was executed in multiple trades at prices ranging from $58.73 to $58.90. 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.
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 of October 29, 2015.