Filing Details

Accession Number:
0001181431-13-057906
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-08 16:53:44
Reporting Period:
2013-11-06
Filing Date:
2013-11-08
Accepted Time:
2013-11-08 16:53:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
906780 Empire Resorts Inc NYNY Retail-Eating & Drinking Places (5810) 133714474
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428788 Charles Degliomini C/O Monticello Casino And Raceway
Route 17B, P.o. Box 5013
Monticello NY 12701
Evp No Yes 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, $.01 Par Value Per Share Acquisiton 2013-11-06 90,000 $3.33 96,666 No 4 M Direct
Common Stock, $.01 Par Value Per Share Disposition 2013-11-06 96,666 $6.88 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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, $.01 Par Value Per Share Employee Stock Option (right to buy) Disposition 2013-11-06 90,000 $0.00 90,000 $3.33
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2014-04-22 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $.01 Par Value Per Share 923 Indirect By Fox-Hollow Lane, LLC
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in more than one transaction at price ranging from $7.461 to $6.356, inclusive. The reporting person undertakes to provide to Empire Resorts, Inc., any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. Mr. Degliomini is a managing member of Fox-Hollow Lane, LLC. He disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  3. The option vested as to one-third on April 23, 2009. An additional one-third of the options vested on April 23, 2010. The remaining one-third of the options vested on April 23, 2011.