KEITH SMITH - 18 Aug 2021 Form 4 Insider Report for BOYD GAMING CORP (BYD)

Signature
/s/ Scott Lesmes, as Attorney-in-Fact
Issuer symbol
BYD
Transactions as of
18 Aug 2021
Net transactions value
-$3,263,949
Form type
4
Filing time
20 Aug 2021, 17:40:04 UTC
Previous filing
26 May 2021
Next filing
25 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BYD Common Stock Gift $0 -75,000 -5.8% $0.000000 1,226,958 27 May 2021 Direct
transaction BYD Common Stock Options Exercise $578,500 +50,000 +4.1% $11.57* 1,276,958 18 Aug 2021 Direct
transaction BYD Common Stock Sale $2,893,410 -50,000 -3.9% $57.87 1,226,958 18 Aug 2021 Direct F1
transaction BYD Common Stock Options Exercise $236,236 +20,418 +1.7% $11.57* 1,247,376 18 Aug 2021 Direct
transaction BYD Common Stock Sale $1,185,275 -20,418 -1.6% $58.05 1,226,958 18 Aug 2021 Direct F2
holding BYD Common Stock 325 18 Aug 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 -70,418 -100% $0.000000* 0 18 Aug 2021 Common Stock 70,418 $11.57 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 $57.70 to $58.14. 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 $57.94 to $58.13. 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.