Filing Details

Accession Number:
0000950142-13-001993
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-09-19 16:47:45
Reporting Period:
2013-09-17
Filing Date:
2013-09-19
Accepted Time:
2013-09-19 16:47:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1300514 Las Vegas Sands Corp LVS Hotels & Motels (7011) 270099920
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1202426 H Jeffrey Schwartz 3355 Las Vegas Boulevard South
Las Vegas NV 89109
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-09-17 66,115 $0.37 76,961 No 4 M Direct
Common Stock Disposition 2013-09-17 25,351 $63.87 51,610 No 4 S Direct
Common Stock Acquisiton 2013-09-17 18,750 $13.34 70,360 No 4 M Direct
Common Stock Disposition 2013-09-17 7,189 $63.87 63,171 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (Right to Buy) Acquisiton 2013-09-17 66,115 $0.00 66,115 $0.37
Common Stock Option (Right to Buy) Acquisiton 2013-09-17 18,750 $0.00 18,750 $13.34
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,529 2019-03-11 No 4 M Direct
6,250 2020-02-22 No 4 M Direct
Footnotes
  1. In accordance with the provisions of the Issuer's 2004 Equity Award Plan, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options to reflect the $2.75 per share special dividend to be paid on outstanding shares of the Issuer's common stock. The exercise price of options with an exercise price of $2.75 or less was reduced by 79%, and the holder received the remaining portion of the exercise price adjustment in cash. The equitable adjustment was effective as of December 10, 2012.
  2. Shares sold in connection with the exercise of stock options.
  3. This transaction was executed in multiple trades at prices ranging from $63.83 to $63.92. 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.
  4. In accordance with the provisions of the Issuer's 2004 Equity Award Plan, the Compensation Committee approved an equitable adjustment to reduce the exercise price of the options to reflect the $2.75 per share special dividend to be paid on outstanding shares of the Issuer's common stock. The equitable adjustment was effective as of December 10, 2012.
  5. The Reporting Person was granted options to purchase 82,644 shares on March 12, 2009, of which 16,528 vested on March 12, 2010, 16,529 vested on March 12, 2011, 16,529 vested on March 12, 2012, 16,529 vested on March 12, 2013 and 16,529 will vest on March 12, 2014.
  6. The Reporting Person was granted options to purchase 25,000 shares on February 23, 2010, of which 6,250 vested on February 23, 2011, 6,250 vested on February 23, 2012, 6,250 vested on February 23, 2013, and 6,250 will vest on February 23, 2014.