Filing Details

Accession Number:
0000950142-14-000514
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-25 17:57:21
Reporting Period:
2014-02-21
Filing Date:
2014-02-25
Accepted Time:
2014-02-25 17:57:21
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-02-21 95,000 $0.33 612,436 No 4 M Direct
Common Stock Disposition 2014-02-21 29,280 $80.71 583,156 No 4 S Direct
Common Stock Disposition 2014-02-21 10,800 $81.18 572,356 No 4 S Direct
Common Stock Acquisiton 2014-02-21 95,000 $12.19 667,356 No 4 M Direct
Common Stock Disposition 2014-02-21 34,670 $80.71 632,686 No 4 S Direct
Common Stock Disposition 2014-02-21 13,500 $81.17 619,186 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S 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) Disposition 2014-02-21 95,000 $0.00 95,000 $0.33
Common Stock Option (Right to Buy) Disposition 2014-02-21 95,000 $0.00 95,000 $12.19
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-03-11 No 4 M Direct
0 2014-03-11 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 pursuant to a previously disclosed 10b5-1 trading plan.
  3. This transaction was executed in multiple trades at prices ranging from $80.10 to $81.09. 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. This transaction was executed in multiple trades at prices ranging from $81.10 to $81.31. 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.
  5. 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.
  6. This transaction was executed in multiple trades at prices ranging from $80.09 to $81.08. 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.
  7. This transaction was executed in multiple trades at prices ranging from $81.09 to $81.30. 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.
  8. The Reporting Person was granted options to purchase 3,000,000 shares on March 11, 2009, all of which are vested.
  9. The Reporting Person was granted options to purchase 1,000,000 shares on January 1, 2010, all of which are vested.