BOYD GAMING CORP — Director's Dealing 2018

Mar 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOYD GAMING CORP (BYD)
CIK: 0000906553
Period of Report: 2018-03-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-06	Common Stock	S	51757	$35.49	Disposed	104216	Direct
2018-03-07	Common Stock	M	7252	$11.57	Acquired	111468	Direct
2018-03-07	Common Stock	S	7252	$35.96	Disposed	104216	Direct
2018-03-07	Common Stock	M	12570	$19.98	Acquired	116786	Direct
2018-03-07	Common Stock	S	12570	$35.96	Disposed	104216	Direct
2018-03-07	Common Stock	M	6779	$17.75	Acquired	110995	Direct
2018-03-07	Common Stock	S	6779	$35.96	Disposed	104216	Direct
2018-03-07	Common Stock	S	20719	$35.93	Disposed	83497	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-07	Employee Stock Option (Right to Buy)	$11.57	M	7252	Disposed	2024-12-10	Common Stock (7252)	Direct
2018-03-07	Employee Stock Option (Right to Buy)	$19.98	M	12570	Disposed	2025-10-29	Common Stock (12570)	Direct
2018-03-07	Employee Stock Option (Right to Buy)	$17.75	M	6779	Disposed	2026-11-08	Common Stock (6779)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $35.46 to $35.56. 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 $35.83 to $36.075. 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: This transaction was executed in multiple trades at prices ranging from $35.92 to $35.965. 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.

F4: 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.