BOYD GAMING CORP — Director's Dealing 2019

Dec 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOYD GAMING CORP (BYD)
CIK: 0000906553
Period of Report: 2019-12-13

Reporting Person: Hirsberg Josh (EVP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-13	Common Stock	M	10000	$8.34	Acquired	372815	Direct
2019-12-13	Common Stock	S	10000	$29.75	Disposed	362815	Direct
2019-12-13	Common Stock	M	25510	$6.70	Acquired	388325	Direct
2019-12-13	Common Stock	S	25510	$29.76	Disposed	362815	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-13	Employee Stock Option (Right to Buy)	$8.34	M	10000	Disposed	2020-11-01	Common Stock (10000)	Direct
2019-12-13	Employee Stock Option (Right to Buy)	$6.70	M	25510	Disposed	2021-12-07	Common Stock (25510)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20500	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $29.73 to $29.80. 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 $29.71 to $29.815. 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: Options granted under Boyd Gaming Corporation's 2002 Stock Incentive 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.