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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Right | $ 42.22 | 08/19/2014 | M(1) | 22,975 | 03/25/2014 | 03/25/2016 | Common Stock | 22,975 | $ 0 | 0 | D | ||||
Stock Appreciation Right | $ 38.65 | 08/20/2014 | M(2) | 50,000 | 10/16/2012 | 10/16/2014 | Common Stock | 50,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Levy Andrew C 8360 S. DURANGO DRIVE LAS VEGAS, NV 89113 |
X | President & COO |
Robert B. Goldberg, under power of attorney | 08/21/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Exercise of cash-settled SARs. In accordance with the rules for filing Form 4, the exercise of cash-settled SARs is treated as the simultaneous purchase of the number of shares for which SARs are exercised and the sale of the same number of shares. |
(2) | Exercise of stock-settled SARs. In accordance with the rules for filing Form 4, the exercise of stock-settled SARs is treated as the simultaneous purchase of the number of shares for which SARs are exercised and the sale of the number of shares necessary to pay the exercise price for the number of SARs exercised. |
(3) | Upon exercise of SARs for stock, beneficial owner returned to Company a portion of the shares received for tax withholding purposes. |
(4) | Shares of stock effectively repurchased by Company at $127.40 per share to fund the beneficial owner's required tax withholding. |