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Filing Details

Accession Number:: 0000950142-13-002480
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-12-31 16:26:48
Reporting Period:: 2013-12-23

Filing Date:: 2013-12-31
Accepted Time:: 2013-12-31 16:26:48
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
1040619	A Michael Leven	3355 Las Vegas Boulevard South Las Vegas NV 89109	President And Coo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2013-12-23	64,383	$0.00	111,512	No	5	G	Direct
Common Stock	Acquisiton	2013-12-27	92,500	$0.33	204,012	No	4	M	Direct
Common Stock	Disposition	2013-12-27	90,800	$78.49	113,212	No	4	S	Direct
Common Stock	Disposition	2013-12-27	1,700	$79.17	111,512	No	4	S	Direct
Common Stock	Acquisiton	2013-12-27	92,500	$12.19	204,012	No	4	M	Direct
Common Stock	Disposition	2013-12-27	91,600	$78.50	112,412	No	4	S	Direct
Common Stock	Disposition	2013-12-27	900	$79.23	111,512	No	4	S	Direct
Common Stock	Acquisiton	2013-12-31	100,000	$0.00	211,512	No	4	M	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	5	G	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option (Right to Buy)	Disposition	2013-12-27	92,500	$0.00	92,500	$0.33
Common Stock	Option (Right to Buy)	Disposition	2013-12-27	92,500	$0.00	92,500	$12.19
Common Stock	Restricted Stock Units	Disposition	2013-12-31	100,000	$0.00	100,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
380,000	2014-03-11	No	4	M	Direct
380,000	2014-03-11	No	4	M	Direct
200,000		No	4	M	Direct

Footnotes

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.
Shares sold in connection with the exercise of stock options pursuant to a previously disclosed 10b5-1 trading plan.
This transaction was executed in multiple trades at prices ranging from $78.10 to $79.06. 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.
This transaction was executed in multiple trades at prices ranging from $79.12 to $79.21. 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.
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.
This transaction was executed in multiple trades at prices ranging from $78.13 to $79.07. 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.
Reflects settlement of a portion of the Reporting Person's restricted stock unit award which provided that if the average closing price on the New York Stock Exchange of the Issuer's common stock (the "Average Closing Price") during the month of December 2013 is at least $50.00 per share then, on December 31, 2013, the Reporting Person shall receive 100,000 restricted shares of the Issuer's common stock, which shall vest entirely on December 31, 2014. The shares of restricted stock were granted under the Issuer's 2004 Equity Award Plan.
The Reporting Person was granted options to purchase 3,000,000 shares on March 11, 2009, all of which are vested.
The Reporting Person was granted options to purchase 1,000,000 shares on January 1, 2010, all of which are vested.
Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock. The restricted stock units were granted under the Issuer's 2004 Equity Award Plan.
The remaining portion of the restricted stock unit award will vest and vested shares are scheduled to be delivered to the Reporting Person as follows: (a) if the Average Closing Price during the month of December 2014 is at least $60.00 per share then, in addition to any shares delivered as described in footnote (7), on December 31, 2014, the Reporting Person shall receive 100,000 shares of the Issuer's common stock; and (b) if the Average Closing Price during the month of December 2014 is at least $70.00 per share then, in addition to any shares delivered as described in footnote (7) and any shares deliverable pursuant to (a) above, on December 31, 2014, the Reporting Person shall receive 100,000 shares of the Issuer's common stock.
Any restricted stock unit awards that have not vested as of 11:59 p.m. Las Vegas local time on December 31, 2014, shall terminate and be immediately forfeited without any consideration payable therefor.