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BOYD GAMING CORP Director's Dealing 2015

Mar 12, 2015

30822_dirs_2015-03-12_ec97f241-fd2b-4193-bbc2-b8781e88a9ad.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: 2015-03-10

Reporting Person: BOUGHNER ROBERT L (Director, Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-10 Common Stock M 51020 $6.70 Acquired 222151 Direct
2015-03-10 Common Stock S 51020 $14.3482 Disposed 171131 Direct
2015-03-10 Common Stock M 51021 $5.22 Acquired 222152 Direct
2015-03-10 Common Stock S 51021 $14.3482 Disposed 171131 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-03-10 Employee Stock Option (Right to Buy) $6.70 M 51020 Disposed 2021-12-07 Common Stock (51020) Direct
2015-03-10 Employee Stock Option (Right to Buy) $5.22 M 51021 Disposed 2022-11-08 Common Stock (51021) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 215800 Indirect
Common Stock 10000 Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $14.37 to $14.50. 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: 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.

F3: Options granted under Boyd Gaming Corporation 2012 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.

F4: By the Robert L. Boughner Investment Trust, Robert L. Boughner, Trustee

F5: By the Robert L. Boughner 2012 Long Term Trust, Robert L. Boughner, Co-Trustee