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BOYD GAMING CORP Director's Dealing 2013

May 16, 2013

30822_dirs_2013-05-16_00f72aae-c3be-4e61-8065-a12adbe20b3a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOYD GAMING CORP (BYD)
CIK: 0000906553
Period of Report: 2013-05-14

Reporting Person: LARSON BRIAN A (Executive V.P. and Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-14 Common Stock M 15400 $8.34 Acquired 143911 Direct
2013-05-14 Common Stock S 15400 $14.4099 Disposed 128511 Direct
2013-05-15 Common Stock M 12300 $8.34 Acquired 140811 Direct
2013-05-15 Common Stock S 12300 $14.3652 Disposed 128511 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-14 Employee Stock Option (Right to Buy) $8.34 M 15400 Disposed 2020-11-01 Common Stock (15400) Direct
2013-05-15 Employee Stock Option (Right to Buy) $8.34 M 12300 Disposed 2020-11-01 Common Stock (12300) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4000 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $14.38 to $14.46. 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 $14.35 to $14.40. 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: IRA FBO Brian A. Larson Sunamerica Trust Co., Custodian.

F4: Options granted under Boyd Gaming Corporation 2002 Flexible Stock Option 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.