BOYD GAMING CORP — Director's Dealing 2019

Mar 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOYD GAMING CORP (BYD)
CIK: 0000906553
Period of Report: 2019-03-01

Reporting Person: LARSON BRIAN A (EVP, Sec.& General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-01	Common Stock	A	28339	—	Acquired	130088	Direct
2019-03-01	Common Stock	F	11151	$30.11	Disposed	118937	Direct
2019-03-05	Common Stock	M	6285	$19.98	Acquired	125222	Direct
2019-03-05	Common Stock	S	6285	$29.4468	Disposed	118937	Direct
2019-03-05	Common Stock	M	6778	$17.75	Acquired	125715	Direct
2019-03-05	Common Stock	S	6778	$29.4468	Disposed	118937	Direct
2019-03-05	Common Stock	S	32328	$29.4349	Disposed	86609	Direct
2019-03-05	Common Stock	S	17188	$29.2148	Disposed	69421	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-05	Stock Option (Right to Buy)	$19.98	M	6285	Disposed	2025-10-29	Common Stock (6285)	Direct
2019-03-05	Stock Option (Right to Buy)	$17.75	M	6778	Disposed	2026-11-08	Common Stock (6778)	Direct

Footnotes

F1: Represents shares underlying Performance Share Units that vested on March 1, 2019.

F2: This transaction was executed in multiple trades at prices ranging from $29.40 to $29.515. 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 $29.40 to $29.53. 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: This transaction was executed in multiple trades at prices ranging from $29.15 to 29.29. 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.

F5: Options granted under Boyd Gaming Corporation's 2012 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.